Tata to have Jaguar plant in KSA



JEDDAH: ARAB NEWS

Published — Tuesday 11 December 2012

Last update 11 December 2012 1:31 pm

| نسخة PDF Print News | A A

Indian company Tata Motors will build its third largest automobile assembly plant for its Jaguar and Land Rover brands in the Eastern Province.
Representatives of the Ministry of Commerce and Industry and the auto manufacturing giant will sign the letter of intent at a special meeting tomorrow.
The company plans to benefit from the upcoming multibillion integrated aluminum complex currently being built in Ras Al-Khair, north of Jubail. The $ 4 billion refinery and smelter plant is expected to produce the cheapest aluminum in the world.
The new assembly plant will be Tata Motor’s third largest assembly plant in the world, after the ones in the UK and China.
Negotiations had been going on between Tata Motors and ministry representatives for the last one year. A company spokesman said the official signing would finalize long-term plans to build the assembly plant in Saudi Arabia. “The Jaguar Land Rover plant will match the Isuzu truck assembly plant, which launches production this weekend, in both size and investment,” he said.
Tata Motors will start production with their Land Rover brands and introduce production of their Jaguar and Range Rover brands at a later date.
Saudi Arabia will be represented at the contract signing by Minister of Finance Ibrahim Al-Assaf, Minister of Petroleum and Mineral Resources Ali Al-Naimi, Minister of Commerce and Industry Tawfiq Al–Rabiah, Minister of National Economy and Planning Mohammed Al-Jasser, Minister of Labor Adel Fakeih and Prince Saud bin Thunayan, chairman of the Royal Commission for Jubail and Yanbu.
Tata Motors is a subsidiary of the Tata Group, one of the largest automobile manufacturing companies in India. Its headquarters are in Mumbai.

What's happening around Saudi Arabia

JEDDAH: Labor Minister Mufrej Al-Haqabani has launched a series of electronic projects and facilities provided to the private sector companies, the SPA reported on Sunday.The projects and facilities include electronic visa issuance for the distinguis...
RIYADH: A high-powered team of officials from the Ministry of Health visited the hospitals in Jazan in the southern border to ensure services are in place to serve the patients in the region.The group of officials, comprising Dr. Nahar Al-Azmi, Dr. T...
YANBU: Like many Saudi women, Amani dreamt of becoming a mother, but was unable to have children of her own after many years of marriage. Therefore, she decided to spend her time taking care of orphans with special circumstances in Makkah.However, th...
RIYADH: A total of 43 warehouses were shut down in Jeddah for failing to take safety and health measures.Officials of the general department of Civil Defense in Jeddah carried out inspection at 165 industrial complexes in the industrial zone recently...
JEDDAH: A quarrel between two girls at the Al-Zahour Orphanage in Makkah took a violent turn recently, with one of them reportedly using a sharp instrument to attack the other and injuring her.The attacker was sent to a correction center, while the i...
RIYADH: A woman and three men died on Sunday after contracting the Middle East Respiratory Syndrome coronavirus (MERS-CoV) in Riyadh, bringing the total number of deaths to 507 since June, 2012.According to the latest report issued by the Ministry of...

Stay Connected

Facebook