# Ceer awards $1.3B construction contract for Saudi EV complex

Ceer awarded a SAR 5 billion ($1.3 billion) contract to Modern Building Leaders for construction of its electric vehicle manufacturing complex in King Abdullah Economic City, Saudi Arabia.

- Type: Contract
- Announced: 2024-03-10
- Where: King Abdullah Economic City, Saudi Arabia, Saudi Arabia
- Value: $1.30B
- Status: announced
- Products: electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Modern Building Leaders](https://endata.com/companies/30630.md) (supplier)
- [Ceer](https://endata.com/companies/30631.md) (customer)

## Sources

- [gulfconstructiononline.com](https://gulfconstructiononline.com/ArticleTA/283895/ceer-awards-$1.3bn-construction-contract-for-saudi-ev-complex), 2024-03-10: "Ceer has awarded a SAR5-billion ($1.3 billion) contract to Modern Building Leaders (MBL) for the construction of its new manufacturing complex within King Abdullah Economic City."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.