Talks with car manufacturers to set up factories in the Kingdom


Two projects under construction in King Abdullah Economic City


Talks with car manufacturers to set up factories in the Kingdom

Saudi Arabia is in talks with a number of different car manufacturers to set up factories in the kingdom.

The Saudi Minister of Industry and Mineral Resources, Bandar Al-Khorayef, said that Saudi Arabia is currently in talks with car manufacturers to establish a presence in the western regions of the Kingdom.

In an interview with the American “Bloomberg” channel, he indicated that there are two “projects” underway for auto manufacturers to be present in the Kingdom of Saudi Arabia, and King Abdullah Economic City was chosen as a location for these projects.

It is noteworthy that the Saudi-backed company, Lucid Motors, is looking to build a factory in the Kingdom as part of a strategy to develop a center for the auto industry in the country.

Talks with car manufacturers to set up factories in the Kingdom
Khaled Ali
previously
2021-10-28

Saudi Arabia is in talks with a number of different car manufacturers to set up factories in the kingdom.

The Saudi Minister of Industry and Mineral Resources, Bandar Al-Khorayef, said that Saudi Arabia is currently in talks with car manufacturers to establish a presence in the western regions of the Kingdom.

In an interview with the American “Bloomberg” channel, he indicated that there are two “projects” underway for auto manufacturers to be present in the Kingdom of Saudi Arabia, and King Abdullah Economic City was chosen as a location for these projects.

It is noteworthy that the Saudi-backed company, Lucid Motors, is looking to build a factory in the Kingdom as part of a strategy to develop a center for the auto industry in the country.

October 28, 2021 – Rabi’ al-Awwal 22, 1443

08:25 AM


Two projects under construction in King Abdullah Economic City

Saudi Arabia is in talks with a number of different car manufacturers to set up factories in the kingdom.

The Saudi Minister of Industry and Mineral Resources, Bandar Al-Khorayef, said that Saudi Arabia is currently in talks with car manufacturers to establish a presence in the western regions of the Kingdom.

In an interview with the American “Bloomberg” channel, he indicated that there are two “projects” underway for auto manufacturers to be present in the Kingdom of Saudi Arabia, and King Abdullah Economic City was chosen as a location for these projects.

It is noteworthy that the Saudi-backed company, Lucid Motors, is looking to build a factory in the Kingdom as part of a strategy to develop a center for the auto industry in the country.

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