{"id":8614,"date":"2024-11-05T11:37:40","date_gmt":"2024-11-05T10:37:40","guid":{"rendered":"https:\/\/shams-alyaoum.com\/en\/?p=8614"},"modified":"2024-11-05T11:37:40","modified_gmt":"2024-11-05T10:37:40","slug":"ewpartners-announces-50-million-strategic-investment-in-leshines-to-localize-manufacturing-in-the-middle-east","status":"publish","type":"post","link":"https:\/\/shams-alyaoum.com\/en\/ewpartners-announces-50-million-strategic-investment-in-leshines-to-localize-manufacturing-in-the-middle-east\/","title":{"rendered":"ewpartners Announces $50 Million Strategic Investment in Leshines to Localize Manufacturing in the Middle East"},"content":{"rendered":"<ul>\n<li><i><span lang=\"EN-GB\">Leshines is the supply chain solution provider of Lenovo Group, which ranks<\/span><\/i>\u00a0<i><span lang=\"EN-GB\">among the top ten on Gartner\u2019s prestigious Top 25 supply chain list.<\/span><\/i><\/li>\n<li><i><span lang=\"EN-GB\">The move reinforces ewpartners&#8217; and Leshine\u2019s commitment to fostering local industrial growth and empowering enterprises in Saudi Arabia.<\/span><\/i><\/li>\n<\/ul>\n<div class=\"content  content-justify \">\n<p>&nbsp;<\/p>\n<p><span lang=\"EN-GB\">ewpartners (formerly eWTP Arabia Capital), the first international investment firm to establish a Saudi-Asia cross border platform, has announced a USD $50 million investment in Leshines, the supply chain solutions arm of Chinese multinational tech company Lenovo at<\/span>\u00a0<span lang=\"EN-GB\">The Future Investment Initiative (FII), a premier global platform that drives transformative investments and fosters international partnerships for sustainable economic growth.<\/span><\/p>\n<p><span lang=\"EN-GB\">The investment accelerates the localization of Leshines capabilities in Saudi Arabia, further strengthening the Kingdom\u2019s position as a vital player in sustainable global trade networks and supply chain operations.<\/span><\/p>\n<p><span lang=\"EN-GB\">Five months ago, Lenovo and PIF-backed company Alat announced a strategic collaboration, including a proposed US$2 billion investment. Today, this partnership is set to advance to the next step.<\/span><\/p>\n<p><span lang=\"EN-GB\">Leshines is also exploring the option of entering the KSA-Sino Logistics Special Economic Zone at King Salman International Airport in Riyadh, an initiative which was announced by the Saudi Ministry of Transport and Logistics earlier this month. Managed by ewpartners, the Zone will cover a total area of 4 square kilometres and consist of a logistics industrial park, an international commercial and business park, and corresponding living space and facilities. It will enable international companies to manufacture locally in Saudi and then springboard their distribution to other markets worldwide. It is expected to attract over 3,000 wholesalers and retailers and around 200 light industrial manufacturers from China and Asia.<\/span><\/p>\n<p><b><span lang=\"EN-GB\">Jerry Li, Founder and Managing Partner at ewpartners said the following on the announcement:<\/span><\/b><\/p>\n<p><span lang=\"EN-GB\">&#8220;This investment is a significant step towards building the future of Saudi Arabia that we all envision, and we are actively working to establish this goal. Our investment in Leshines underscores our commitment to this project and our determination to foster local industrial growth and the development of Saudi enterprises. By partnering with Leshines to bring advanced supply chain solutions to Saudi Arabia and the MENA markets, we further assist Chinese companies in exploring localized production and empower local enterprises, aligning with the Kingdom\u2019s Vision 2030.&#8221;<\/span><\/p>\n<p><b><span lang=\"EN-GB\">Alan Zhou, COO of Leshines, commented on the announcement:<\/span><\/b><\/p>\n<p><span lang=\"EN-GB\">As Lenovo&#8217;s smart supply chain solution platform, Leshines will take this opportunity to establish roots in Saudi Arabia, focusing on the MENA region, and build the foundational strategic capabilities of an advanced digital supply chain. As a globally leading strategic fund, ewpartners&#8217; strategic resources and unique advantages in KSA, the Middle East, and emerging markets perfectly match Leshines&#8217; strategic vision and development roadmap. With solid support and a strong partnership with ewpartners, we are confident that Saudi Arabia will become an important node in the Smart Supply Chain Platform, contributing to the Kingdom&#8217;s Vision 2030.<\/span><\/p>\n<p><span lang=\"EN-GB\">The investment in Leshines marks the first transaction for ewpartners Fund II. Amid the growing synergy between China and the Middle East, ewpartners&#8217; investment model has garnered recognition from key stakeholders in the region. Supported by Saudi Arabia&#8217;s sovereign wealth fund, ewpartners has also recently secured commitments from other GCC sovereign wealth funds, including USD\u00a0<\/span>150 million from\u00a0<span lang=\"EN-GB\">the Oman Investment Authority.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Leshines is the supply chain solution provider of Lenovo Group, which ranks\u00a0among the top ten on Gartner\u2019s prestigious Top 25 supply chain list. The move reinforces ewpartners&#8217; and Leshine\u2019s commitment to fostering local industrial growth and empowering enterprises in Saudi Arabia. &nbsp; ewpartners (formerly eWTP Arabia Capital), the first international investment firm to establish a &hellip;<\/p>\n","protected":false},"author":2,"featured_media":8615,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,2],"tags":[9,1310,1400],"class_list":["post-8614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news","tag-business","tag-general","tag-manufacturing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ewpartners Announces $50 Million Strategic Investment in Leshines to Localize Manufacturing in the Middle East - Magazine Shams Al Yaoum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shams-alyaoum.com\/en\/ewpartners-announces-50-million-strategic-investment-in-leshines-to-localize-manufacturing-in-the-middle-east\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ewpartners Announces $50 Million Strategic Investment in Leshines to Localize Manufacturing in the Middle East - Magazine Shams Al Yaoum\" \/>\n<meta property=\"og:description\" content=\"Leshines is the supply chain solution provider of Lenovo Group, which ranks\u00a0among the top ten on Gartner\u2019s prestigious Top 25 supply chain list. 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