14 Hrs
Source:
الاقتصادية
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Source: الاقتصادية
14 Hrsالاقتصادية
Source: الاقتصادية
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Leith Al-Obaidi & Brothers Group plans to establish an automotive plant in Saudi Arabia, with estimated investment of around SAR 200 million. The plant 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, then move to “SKD,” with options including electric, plug-in hybrid, and conventional vehicles. It aims to localize the manufacture of automotive components and build local supply chains. The group plans to present the study to the relevant authorities and investors and explore partnership opportunities.
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