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MASARAT Mobility Park in Saudi Arabia secures deals to boost local auto manufacturing and economic diversification under Vision 2030.
MASARAT Mobility Park in Saudi Arabia has signed development-lease agreements with FPI Gulf and TASARU Supplier Hub at the PIF Private Sector Forum 2026, advancing local automotive manufacturing under Vision 2030.
The deals enable FPI Gulf and TASARU Supplier Hub to establish facilities in King Abdullah Economic City’s Special Economic Zone, producing components using advanced technologies for local and global OEMs.
The projects aim to strengthen the national supply chain, attract international suppliers, and support economic diversification by creating high-value jobs and enhancing industrial capabilities.
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MASARAT Mobility Park en Arabia Saudita asegura acuerdos para impulsar la fabricación local de automóviles y la diversificación económica bajo Visión 2030.