Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target | Non-Oil GDP Share: 76% ▲ -7.7pp vs 2020 | Saudi Unemployment: 3.5% ▲ -0.5pp vs 2023 | PIF AUM: $941.3B ▲ +$345B vs 2022 | Inbound FDI: $21.3B ▼ -6.4% vs 2023 | Female Participation: 33% ▲ -1.1pp vs 2023 | Credit Rating: Aa3/A+ ▲ Moody's / Fitch | GDP Growth: 2.0% ▲ +1.5pp vs 2023 | Umrah Pilgrims: 16.92M ▲ vs 11.3M target |

Yanbu

An industrial port city on Saudi Arabia's Red Sea coast, the Kingdom's primary western industrial hub for refining, petrochemicals, and export logistics.

Yanbu — Encyclopedia | Saudi Vision 2030

Definition

Yanbu is an industrial port city on Saudi Arabia’s Red Sea coast in Madinah Province, developed by the Royal Commission for Jubail and Yanbu as the Kingdom’s primary western-seaboard industrial and refining centre.

Overview

Yanbu Industrial City was developed alongside Jubail in the 1970s to provide Saudi Arabia with an industrial centre on the Red Sea coast, giving the Kingdom strategic industrial diversification between its Gulf and Red Sea coasts. The city comprises Yanbu Industrial City (managed by the Royal Commission), Yanbu Al-Bahr (the old town), and the residential areas that support the industrial workforce.

The industrial zone hosts major refining and petrochemical operations, including the Yanbu Aramco Sinopec Refining Company (YASREF) — a joint venture between Aramco and China Petrochemical Corporation. Yanbu’s location on the Red Sea provides direct export access to European, African, and Asian markets through the Suez Canal, complementing Jubail’s Arabian Gulf orientation.

Yanbu also serves as a terminal for trans-Arabian oil and gas pipelines, connecting the Eastern Province’s production fields to the western coast for export and processing. The Royal Commission manages comprehensive urban infrastructure, including a modern residential city, educational institutions, and healthcare facilities for the area’s population.

Key Facts

FactDetail
ProvinceMadinah Province
CoastRed Sea
DeveloperRoyal Commission for Jubail and Yanbu
Key OperationYASREF (Aramco-Sinopec refinery)
Strategic PositionRed Sea access to Suez Canal trade route
InfrastructureOil/gas pipeline terminals, industrial port
Companion CityJubail (Arabian Gulf coast)

Role in Vision 2030

Yanbu’s Red Sea position gives it strategic importance for Vision 2030’s logistics and industrial objectives. As the Kingdom seeks to position itself as a global logistics hub between Asia, Europe, and Africa, Yanbu provides western-coast port and industrial capacity that complements eastern-coast facilities. The NIDLP’s manufacturing targets include expanding Yanbu’s industrial base with new value-added industries.

Yanbu also plays a role in energy transition, with potential for renewable energy-powered industrial operations and green hydrogen production leveraging Saudi Arabia’s abundant Red Sea coastline solar resources.