Isuzu will export from Saudi Arabian hub
Production will hit 25,000 by the end of 2012
Isuzu’s truck production in Saudi Arabia will reach 25,000 per year by the end of 2012 and it looks to export to the GCC and the Middle East.
"In cooperation with Isuzu, Saudi Arabia is eyeing to capture the $80 billion auto markets in the region and beyond," Azzam Shalabi, president of the National Industrial Clusters Development Program (NICDP), told the Petrochem Arabia Conference in Dhahran
Shalabi said that the country will look to develop local auto assembly and components companies to expand its its nascent vehicle industry.
The NICDP is embarking on two national car production initiatives, the Ghazal Car Project and the Asilah Car Project, Shalabi said.
The Ghazal Car Project by Riyadh Techno Valley Company is in the feasibility phase in collaboration with the King Saud University, while the Asilah Car Project, has been completed by the King Abdulaziz City for Science and Technology and is now considering commercial production, he explained.
He also told delegates that two other companies based in Jubail will begin making small plastic parts and hood parts in 2013.