
Dubai (PlantAndEquipment.com) - Mercedes-Benz Trucks and Liebherr have initiated construction of new factory facilities in Saudi Arabia, with the aid of local distributor Juffali Commercial Vehicles.
The projects, which were initiated in the Jeddah region, are designed to enhance local assembly and equipment operations and are indicative of broader endeavors to fortify industrial collaboration between European manufacturers and Saudi partners.
Saudi Arabia's greatest economic ally within the European Union is Germany, which employs approximately 40,000 individuals and operates over 800 companies in the monarchy. Exports are increasing, resulting in bilateral commerce surpassing €10 billion.
As Saudi Arabia continues to advance its economic diversification and industrial development agenda, its investment programs in infrastructure, renewable energy, digital technologies, tourism, and mining continue to draw the attention of international manufacturers and distributors.