Riyadh, Saudi Arabia — October 30, 2025 At the 9th edition of the Future Investment Initiative (FII), ewpartners and Tianjin Binhai New Area of China announced a USD 80 million investment collaboration under the witness of the National Development Division of the Public Investment Fund (PIF) and Jada Funds of Funds, the national fund-of-funds platform established by PIF to develop Saudi Arabia’s private equity and venture capital ecosystem.

Through this partnership, Tianjin Binhai New Area will support ewpartners Fund II, which focuses on investments across digital, advanced manufacturing, logistics and consumer enablement sectors.

Leveraging Binhai’s strong industrial base and policy advantages, coupled with ewpartners’ deep ties with Middle Eastern sovereign funds and cross-border investment expertise, the collaboration aims to channel quality Chinese industrial projects and technologies into Saudi Arabia and beyond.

This initiative will help accelerate industrial upgrading, enhance local supply chains, and promote sustainable development in line with the Kingdom’s Vision 2030 goals—marking a new milestone in China–Saudi cooperation in industry and investment.

Linking Tianjin's Industrial Strength with Saudi Arabia's Vision 2030

This partnership directly supports Saudi Arabia’s Vision 2030 agenda of economic transformation and industrial diversification. By combining Tianjin Binhai New Area’s strengths in alternative energy, digital economy, advanced manufacturing, and port logistics with ewpartners’ regional investment network, the collaboration will accelerate technology transfer, industrial upgrading, and localization of international supply chains in the Kingdom and the broader gulf region.

The initiative will introduce mature industrial systems and supply chain capabilities from Asia to enhance Saudi Arabia’s manufacturing competitiveness and attract global investment. It also underscores the Kingdom’s growing role as a global hub for cross-border industrial cooperation, building a strategic bridge that connects Asia and the Middle East for sustainable growth.

As a key partner, Tianjin Binhai New Area offers an advanced industrial base and innovation ecosystem aligned with Saudi Arabia’s development priorities. Recognized as China’s second national-level new area after Shanghai Pudong, it integrates the functions of a national innovation zone, reform pilot area, and free trade zone, making it a national leader in openness and cross-border investment.

Home to over 240 Fortune Global 500 companies and with a GDP of RMB 784.3 billion (US$ 108 billion), Binhai New Area has built strong foundations in petrochemicals, electronics, and capital goods , while rapidly expanding into new energy, digital economy, and smart manufacturing. Leveraging its world-class port infrastructure and integrated industrial ecosystem, it is emerging as a key platform connecting industrial clusters in Asia and the Middle East.

ewpartners was selected as a strategic partner for its deep investment footprint and execution track record in the Middle East. Since establishing its presence in Saudi Arabia in 2017, ewpartners has become a leading cross-border investment platform connecting Asia and the Middle East. Its portfolio includes Saudi Cloud Computing Company (a joint venture with Alibaba Cloud and STC), Leshines (Lenovo’s smart supply chain platform), Sahm Capital, and J&T Express Middle East — each demonstrating ewpartners’ ability to localize Asian technologies and business models within Saudi and regional markets.

The collaboration with Tianjin Binhai New Area marks a new milestone in ewpartners’ strategy to bring globally competitive Chinese industrial capabilities to the Middle East, driving two-way capital and industrial cooperation.

Bandr Mohammed Alhomaly, CEO of Jada Fund of Funds, said:

"Jada is committed to building a vibrant private capital ecosystem in Saudi Arabia, for example through bridging global expertise with local opportunities.

Our collaboration with ewpartners embodies this vision, connecting China’s industrial and investment strength with the Kingdom’s growth platforms. The momentum we see from the partnership between ewpartners and Tianjin Binghai New Area, across logistics and technology for instance, reflects our shared dedication to Vision 2030 and to building a thriving private capital ecosystem in the Kingdom.”

Wu Di, Vice Chairman of the Administrative Commission of Tianjin Binhai Hi- tech Industrial Development Area, said:

“Tianjin Binhai New Area has long been a national center for advanced manufacturing and global industrial innovation. Through this collaboration with ewpartners, we look forward to leveraging Tianjin’s strengths in smart manufacturing, technology, and port logistics to deepen cooperation with Saudi Arabia and the Middle East, and to build a long-term, open, and mutually beneficial international partnership.”

Jerry Li, Co-Founder and Managing Partner of ewpartners, said:

“This partnership announced at FII is not just about connecting capital—it’s about connecting industries and innovation capabilities. Through this fund, we aim to bring China’s proven expertise in manufacturing and technological innovation to the Middle East, driving high-quality regional development.”

Through this partnership, both sides will advance industrial and investment links between Asia and the Middle East, supporting Saudi Arabia’s Vision 2030 objectives of economic diversification and innovation. Under the collaboration framework, ewpartners will continue to facilitate bilateral forums and industry delegations to deepen long-term engagement between Tianjin and the region.

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