Asheil Versatile Lighting Technologies (Asheil) has secured land in Shaqraa Industrial City, 180km northwest of Riyadh, to establish a state-of-the-art lighting manufacturing and technology hub.
This milestone strengthens the Kingdom’s position as a regional leader in advanced lighting production, reducing the Kingdom’s dependence on imports while driving industrial growth, supply chain resilience, and job creation.
Lighting solutions
The 6,800sqm facility will not only produce high-performance lighting solutions for Saudi Arabia’s giga-projects, large-scale urban developments, and commercial infrastructure but will also generate significant local employment opportunities.
By investing in localized manufacturing, Asheil is ensuring that Saudi talent plays a direct role in the Kingdom’s industrial transformation, equipping the workforce with expertise in advanced manufacturing and energy-efficient lighting technologies.
The facility will integrate cutting-edge production techniques, energy-efficient LED technologies, and precision engineering, addressing both market demand and the need for a skilled, future-ready workforce.
Economic diversification
By providing high-value job opportunities, Asheil will support the Kingdom’s long-term economic diversification strategy while advancing technological self-sufficiency in the lighting sector.
“This facility will not only provide international standard, high-quality, locally manufactured lighting solutions but will also create skilled jobs and provide new career pathways for Saudi professionals in manufacturing, engineering, and supply chain management,” asserted Marco Fahd, Chairman & CEO, Versatile International.
“With Versatile’s extensive project management experience and Haneco’s deep expertise in LED manufacturing, Asheil is set to become a transformative player in Saudi Arabia’s industrial landscape,” commented Nicho Teng, Founder & Managing Director, Haneco Lighting and Co-founder, Asheil.
Asheil is a joint venture between Versatile International and Haneco Lighting, combining world-class project management expertise with cutting-edge LED manufacturing to deliver high-performance, energy-efficient lighting solutions.
