
Aligned with Saudi Vision 2030: “Petromin” and “Foton” Sign a Four-Party MoU To Establish Joint Commercial Vehicle Manufacturing Plant in Saudi Arabia
As part of the Kingdom’s Vision 2030 ongoing efforts to strengthen its industrial sector and localize high-value manufacturing, Petromin Corporation, Foton, the Ministry of Investment, and the National Industrial Development Center signed a four-party Memorandum of Understanding to explore the establishment of an integrated commercial vehicle manufacturing plant in Saudi Arabia.The initiative aims to develop…