Mohamed Yousuf Naghi Motors (MYNM), BMW Group importer for Saudi Arabia, is to break ground on a new facility in northern Riyadh.
The 10,800-square-meter project in the Riyadh financial district is earmarked for completion in 2021 when it will provide sales and vehicle service for the full range of BMW and MINI models.
Sheikh Mohamed Yousuf Naghi, founder of MYNM; Joerg Ranau, ambassador of Germany; Hendrik Von Kuenheim, senior vice president, BMW Group Africa, Russia, importer markets Europe and Middle East; and Dr. Hamid Haqparwar, managing director of BMW Group Middle East, attended a groundbreaking ceremony to formally commence building work on the project.
Sheikh Naghi said: “Breaking ground on this new project is an immensely proud occasion. Once complete, our customers will enjoy the convenience of a nearby location for after-sales and vehicle service, which will provide them with the highest level of service and luxury.”
The land area of the project is 10,800 square meters, with a total surface area of 38,000 square meters. It will consist of a showroom, two basement areas, and workshops.