{"id":21056,"date":"2026-06-01T16:54:41","date_gmt":"2026-06-01T14:54:41","guid":{"rendered":"https:\/\/oficinaeconomicagalicia.xunta.gal\/rueda-announces-that-the-xunta-declares-the-initial-development-of-the-saic-automobile-manufacturing-plant-as-a-strategic-industrial-project-aiming-to-create-more-than-2000-jobs-in-ferrol\/"},"modified":"2026-06-01T16:54:41","modified_gmt":"2026-06-01T14:54:41","slug":"rueda-announces-that-the-xunta-declares-the-initial-development-of-the-saic-automobile-manufacturing-plant-as-a-strategic-industrial-project-aiming-to-create-more-than-2000-jobs-in-ferrol","status":"publish","type":"post","link":"https:\/\/oficinaeconomicagalicia.xunta.gal\/en\/rueda-announces-that-the-xunta-declares-the-initial-development-of-the-saic-automobile-manufacturing-plant-as-a-strategic-industrial-project-aiming-to-create-more-than-2000-jobs-in-ferrol\/","title":{"rendered":"Rueda announces that the Xunta declares the initial development of the SAIC automobile manufacturing plant as a Strategic Industrial Project, aiming to create more than 2,000 jobs in Ferrol"},"content":{"rendered":"<ul>\n<li>The Chinese company has chosen Galicia over other locations considered for its expansion into the European market due to Galicia\u2019s industrial capacity, strong manufacturing base, and ability to facilitate a rapid implementation process.<\/li>\n<li>It highlights that the initiative envisages the creation of an industrial facility at the Outer Port of Ferrol, which could generate 2,000 jobs and promote the establishment of suppliers in an industrial and logistics hub in As Pontes, creating an additional 300 jobs.<\/li>\n<li>To attract this investment, the Regional Government of Galicia maintained intensive engagement with SAIC through multiple meetings held over recent months.<\/li>\n<li>Rueda emphasized that the forecast is to \u201cbegin construction in 2027\u201d and have the complex \u201coperational by 2028.\u201d<\/li>\n<li>The Minister of Economy highlighted that the Regional Government has assigned the \u201cSAIC Project\u201d to a dedicated unit within the Galicia Economic Office, which will lead the support, monitoring, and coordination of all procedures related to the industrial project.<\/li>\n<\/ul>\n<p><strong>Santiago de Compostela, June 1, 2026<\/strong><\/p>\n<p>\nThe President of the Regional Government of Galicia, Alfonso Rueda, announced today that the Regional Cabinet has declared the initial development of the Chinese vehicle manufacturer SAIC\u2019s industrial complex in Galicia a Strategic Industrial Project (PIE). The PIE includes the launch of an industrial area at the Outer Port of Ferrol, which would initially create 1,000 direct jobs and an additional 1,000 indirect jobs, as well as an industrial and logistics center in As Pontes de Garc\u00eda Rodr\u00edguez that would generate 300 jobs. \u201cIt will be the multinational\u2019s first industrial project in Europe,\u201d he emphasized.\n<\/p>\n<p>\nDuring his remarks, he explained that since the company first expressed interest in Galicia in October 2025, the regional government has engaged in an intensive dialogue process with the multinational to understand its implementation needs through a series of working meetings. This process culminated in SAIC\u2019s formal request to begin the administrative procedures for what would become its first industrial project in Europe. \u201cMany meetings have been held between the company and the Regional Government,\u201d said Rueda, noting that one of the reasons SAIC selected Galicia is \u201cthe extensive and leading tradition we have in the automotive sector, both in vehicle manufacturing and component production.\u201d\n<\/p>\n<p>\nFor her part, the Minister of Economy and Industry, Mar\u00eda Jes\u00fas Lorenzana, described the initiative as \u201ca major economic and industrial opportunity for Ferrolterra\u201d and for Galicia as a whole, following the Chinese company\u2019s commitment that a large proportion of the components for its vehicles \u201cwill be locally manufactured.\u201d\n<\/p>\n<p>\nLorenzana thanked the work carried out by Igape, through the Galicia Economic Office, as well as the General Secretariat for Industry and Energy Development, in collaboration with SAIC\u2019s management team.\n<\/p>\n<p>\nRegarding the procedures already completed, Lorenzana explained that in March, after extensive preparatory work, the Regional Government concluded that the investment project submitted by SAIC was \u201csufficiently mature\u201d to be forwarded to the Spanish Government, the authority responsible for authorizing foreign direct investment in Spain. The company has already submitted the corresponding notification for approval. In this regard, the minister noted that cooperation reached the highest level during three high-level meetings held in Madrid with representatives of the multinational and the Spanish Government.\n<\/p>\n<h2><strong>A Major Industrial and Logistics Hub<\/strong><\/h2>\n<p>\nRegarding the characteristics of the industrial complex that SAIC plans to establish in Galicia, the minister explained that it would be developed on part of the facilities at the Outer Port of Ferrol. This is without prejudice to the fact that, according to the company\u2019s own Strategic Industrial Project application, its medium- and long-term intention is to transform the Ferrolterra region and As Pontes into an industrial and logistics hub if the full project is ultimately implemented.\n<\/p>\n<p>\nThe project would include advanced manufacturing technologies and key industrial processes, as well as the local production of a high proportion of components in compliance with mandatory European Union regulations. The company intends to maximize local sourcing of components whenever economically viable, either through in-house manufacturing facilities or through suppliers established in the region.\n<\/p>\n<p>\nNew companies wishing to establish operations within the multinational\u2019s area of influence could do so in locations such as the Mandi\u00e1 business park, whose development process has already been initiated by the Regional Government of Galicia, as well as in the industrial area of As Pontes.\n<\/p>\n<p>\nThe operation would result in the establishment of SAIC\u2019s first industrial and logistics center within the European Union, with Ferrol and As Pontes serving as the project\u2019s main hubs. Furthermore, the Strategic Industrial Project submitted by the company would generate extraordinary logistics activity for the Port of Ferrol, bringing significant activity to facilities that are still under development.\n<\/p>\n<p>\nIn her remarks, Lorenzana explained that for the project to move forward, two additional procedures must be completed alongside the Strategic Industrial Project process. First, the company must obtain, either beforehand or at least simultaneously, the concessions for the plots of land it intends to occupy at the Outer Port of Ferrol. Second, as a non-European company, it must obtain Foreign Direct Investment (FDI) authorization from the Spanish Government, granted by the Council of Ministers. Therefore, the viability of the project remains subject to obtaining all necessary permits and authorizations, favorable economic assessments, and the availability of public support.\n<\/p>\n<p>\nIn any case, the Regional Government of Galicia will continue to lead the entire process and maintain close cooperation with Spain\u2019s State Ports Authority, local administrations, and the Spanish Government to ensure the project\u2019s successful completion. To this end, the Regional Cabinet has assigned the \u201cSAIC Project\u201d to a dedicated unit within the Galicia Economic Office, which will oversee support, monitoring, and coordination of all procedures related to the investment.\n<\/p>\n<p>\nThe unit will include an engineer assigned to the project and a legal specialist in business investment, among other technical profiles. In addition to driving the Strategic Industrial Project process, it will coordinate actions with the municipalities of Ferrol and As Pontes, the port authority, and the Spanish Government to ensure procedural consistency and facilitate the complex administrative process the company will face moving forward.\n<\/p>\n<p>\nThis represents a further step in Galicia\u2019s national leadership in reducing bureaucracy and streamlining administrative procedures, a key economic policy of the regional government to foster growth and attract investment.\n<\/p>\n<h2><strong>Timeline, Investment, and Estimated Employment<\/strong><\/h2>\n<p>\nRegarding implementation timelines, the minister stated that, according to SAIC\u2019s plans, the company expects to have obtained all necessary permits and authorizations by the end of 2026 in order to begin construction of the first phase of the Ferrol plant. \u201cThe forecast is to start construction in 2027 and have the factory operational by 2028,\u201d said Rueda.\n<\/p>\n<p>\nFinally, Mar\u00eda Jes\u00fas Lorenzana added that during the working meetings held with the company, the Regional Government offered SAIC all industrial zones in Galicia capable of hosting a project of this scale, including sites in the southern part of the region such as PLISAN and logistics facilities linked to the Port of Vigo, as well as various locations in northern Galicia with logistics support through the ports of A Coru\u00f1a and Ferrol.\n<\/p>\n<p>\nAfter multiple site visits and based on assessments of public support and economic viability, the Chinese executives expressed their intention to select the Ferrolterra\u2013As Pontes area for the establishment of their European industrial complex, considering it the option that best met their needs.\n<\/p>\n<p>\nThe President noted that the initially planned investment amounts to approximately \u20ac200 million, in addition to the corresponding port fees for the industrial and logistics use of land at the Outer Port of Ferrol. The project includes two phases which, once completed, would enable the plant to reach an annual production capacity of 120,000 vehicles.\n<\/p>\n<p>\nOf the 1,000 direct jobs expected, approximately half would be related to logistics operations and the other half to manufacturing activities, encompassing a wide range of professional profiles, including engineers, assembly workers, logistics personnel, dockworkers, truck drivers, as well as cleaning and security staff, among others.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Chinese company has chosen Galicia over other locations considered for its expansion into the European market due to Galicia\u2019s industrial capacity, strong manufacturing base, and ability to facilitate a rapid implementation process. It highlights that the initiative envisages the creation of an industrial facility at the Outer Port of Ferrol, which could generate 2,000 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":20534,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[],"class_list":["post-21056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Rueda announces that the Xunta declares the initial development of the SAIC automobile manufacturing plant as a Strategic Industrial Project, aiming to create more than 2,000 jobs in Ferrol - Oficina Econ\u00f3mica de Galicia<\/title>\n<meta name=\"description\" content=\"The Chinese company chooses Galicia over other analyzed locations for its expansion into 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