National Mechanical Industries Company (NMI), a company of Al Mousa Group, has signed a strategic joint venture agreement with LEO Pump, in the presence of its President, Mr. Peter Yan, to establish a specialized pump manufacturing facility near Riyadh, Saudi Arabia.
The agreement aims to strengthen local manufacturing capabilities and localize advanced pump technologies, supporting Saudi Vision 2030 objectives for industrial development and competitiveness.
Combining Global Technology with Local Industrial Capabilities
he partnership brings together LEO Pump’s manufacturing expertise and advanced technologies with Al Mousa Group’s established local presence and industrial capabilities, supported by National Water Works Company (NWWC), a group company specializing in the water sector.
The planned facility will focus on manufacturing pumps for firefighting systems and municipal water supply applications, supporting domestic demand and future expansion into GCC markets.
Supporting Saudi Vision 2030 Through Industrial Localization
The joint venture is designed to contribute to Saudi Arabia’s industrial development priorities by:
Localizing pump manufacturing and related technologies.
Developing national talent and strengthening local industrial expertise.
Facilitating knowledge and advanced technology transfer.
Expanding domestic manufacturing capabilities to serve water and infrastructure projects.
