Now a day the Middle East countries are on the limit of translating its involvement to the motorized countryside from running cars to essentially construction them. Despite the fact that Holden and Toyota are infuriating to make sure the long standing yet to come of its Australian engineering accommodations and are at the moment awareness raising the federal government and the combination to carry on taxpayer-funded backing further than 2016, the Saudi government is organized unprejudiced in order to participate comprehensively for the reason to demand a engineering manufacturing managed by the adores of Jaguar.
It is willing to stump-up more than $1 billion to construct a world-class facility in Yanbu and plans to lease it to Jaguar Land Rover for production of its sports sedans and top-end SUVs.
The intention is to have the factory up-and-running by 2017, and Jaguar Land Rover sales and marketing director, Phil Popham, said it is just part of a drastically expanded manufacturing base beyond Great Britain that will include India, China and also possibly Brazil and another in South-East Asia.
“We recognize that engineering, manufacturing, purchasing in more areas than we do at the moment is a necessity.
“We’ve already broken ground on a new manufacturing facility in China with our joint venture partner, Cherry, just outside of Shanghai and we’re currently looking at Saudi Arabia and Brazil and naturally we’ll look at more opportunities to expand in the Asia-Pacific region.”
Saudi Arabia’s move into manufacturing has arisen following a $55b investment into developing Yanbu, a port city on the Red Sea coast, as a major industrial hub.
One of the major attractions to Jaguar Land Rover is the massive Alcoa aluminum smelter already established there, which can provide low-cost materials for its aluminum-intensive vehicle structures.
“This smelter could make the production of aluminum in Saudi Arabia very competitive,” Ratan Tata, the founder of JLR’s eponymous parent company, told Saudi news service, The National, recently.
“If we put an assembly plant there with a large press shop, given our commitment to aluminum in our products, we could have an interesting business case,” Tata said.
