14 Hrs
Source:
الاقتصادية
Source: الاقتصادية
14 Hrsالاقتصادية
Source: الاقتصادية
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The Leith Al-Obaidi & Brothers Group plans to establish a car factory in Saudi Arabia, with an estimated investment of around SAR 200 million. The factory will produce and assemble more than six affordable models priced between SAR 60,000 and SAR 110,000. The project will begin with assembly under the “DKD” system before moving to “SKD,” and will cover electric, plug-in hybrid and conventional vehicles. It aims to support the localization of the automotive industry and its components, develop local supply chains and create jobs. The group is exploring opportunities for cooperation and partnership to carry out the project.
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