--- title: "XINYI GLASS plans to build a flagship production base in Saudi Arabia with a total investment of USD 386 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/272638790.md" description: "XINYI GLASS has signed an agreement with the Saudi Industrial Cities and Technology Zones Authority to plan the construction of float glass, automotive glass, and high-performance Low-E energy-saving glass production lines in Saudi Arabia, with a total investment of approximately $386 million. This project will become the company's flagship production base in the Middle East and make it the first automotive glass manufacturer in Saudi Arabia, expected to serve the Saudi and surrounding markets, contributing to the localization of industries and the development of advanced manufacturing in line with Saudi Vision 2030" datetime: "2026-01-15T03:41:00.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/272638790.md) - [en](https://longbridge.com/en/news/272638790.md) - [zh-HK](https://longbridge.com/zh-HK/news/272638790.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/272638790.md) | [繁體中文](https://longbridge.com/zh-HK/news/272638790.md) # XINYI GLASS plans to build a flagship production base in Saudi Arabia with a total investment of USD 386 million XINYI GLASS (00868.HK) yesterday (14th) signed a project cooperation agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON), announcing the construction of float glass, automotive glass, and high-performance Low-E energy-saving glass production lines locally. The project covers an area of over 350,000 square meters, with a total investment of approximately USD 386 million. It is expected that after the project is put into production, it will become the company's flagship production base in the Middle East and make XINYI GLASS the first automotive glass manufacturer in Saudi Arabia. The company anticipates that the project will serve the local Saudi market while extending to markets in the Middle East, North Africa, and Europe, further supporting the strategic goals of industrial localization, export diversification, and advanced manufacturing development outlined in Saudi Arabia's Vision 2030 ### Related Stocks - [XINYI GLASS (00868.HK)](https://longbridge.com/en/quote/00868.HK.md) ## Related News & Research - [Xinyi Glass Declares Final 2025 Dividend With Optional Scrip Shares](https://longbridge.com/en/news/277249561.md) - [Xinyi Glass Invests $386 Million to Build First Automotive Glass Plant in Saudi Arabia](https://longbridge.com/en/news/272634729.md) - [Saudi IPOs slow as listings drop to eight-year low](https://longbridge.com/en/news/281269797.md) - [ZAWYA: Mawani launches container terminal operations at Jubail Commercial Port](https://longbridge.com/en/news/281382236.md) - [AI Needs MemoryâThis New DRAM ETF Is All In On Micron, Samsung And Sandisk](https://longbridge.com/en/news/281578483.md)