Saudi Engines Manufacturing Company (Makeen), backed by Saudi Aramco, is partnering with UK-based Rolls-Royce to manufacture high-speed engines in Saudi Arabia in the kingdom’s first individual licence agreement of its kind.
The partnership will target marine and naval applications, including high-speed ferries, coast guard vessels and patrol boats, Rolls-Royce said.
Saudi Investment Accelerates
The agreement comes as Saudi Arabia accelerates investment in industrial development, infrastructure and energy projects.
The deal will combine Rolls-Royce’s “mtu technology” for high-speed engines and advanced propulsion systems with local manufacturing capabilities, supporting the development of a domestic industrial base with advanced technology.
What is the JV, Makeen?
Makeen is a joint venture between Saudi Aramco, South Korea’s Hyundai and Riyadh-based Dussur.
Established in 2021, the company manufactures, builds, sells and services marine and land-based engines, including high-speed engines.
The partnership also supports Saudi Arabia’s broader industrial localisation drive.
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