Omnipreneurship Newsletter
Petromin Corporation Drives Strategic Automotive Milestone in KSA
Petromin Corporation have marked yet another major manufacturing milestone aligning with the Kingdom’s Vision 2030
At the US-Saudi Investment Forum held on 19th November 2025 in Washington DC, Petromin Corporation and Stellantis in support with the Ministry of Investment Saudi Arabia (MISA) and National Industrial Development Center (NIDC), have signed a Four-Party Memorandum of Understanding to explore the establishment of vehicle manufacturing in the Kingdom of Saudi Arabia.
This strategic collaboration reflects the Kingdom’s ambition to become the regional hub for advanced automotive manufacturing and innovation. Through this partnership, Petromin Corporation continues to demonstrate its commitment to driving industrialization in Saudi Arabia, leveraging Stellantis’ globally renowned brands across passenger and commercial segments, including their iconic American portfolio.