A spokesman of RUF Automobile told AME Info that the foundation stone ceremony will take place in two months time near the Bahrain International Cicuit, Sakhir. The company is being set up with local businessman Rashad Janahi at an initial investment of $50m.
The new full-range service, production and marketing base in the Kingdom will be the first such facility outside RUF's homebase in Pfaffenhausen, Germany. It will also include an advanced research & development centre.
RUF was first established in 1939 as a car service garage. It later developed into manufacturing passenger tourist coaches, and in 1963 the company began servicing and repairing Porsche cars, a business which it continues to do.
The company manufactures puts out only about 35 cars a year, which are purchased by car enthusiasts, race drivers and collectors.
Each car is customised according to the requirements of the buyer, and sells for more than $130,000. The top speed is 360kmph.
The new Bahrain car plant will be built on 20,000sqm of land and is to be completed in 18 to 20 months.
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RUF Automobile sets up in Bahrain
- Monday, April 25 - 2005 at 15:08
Germany's high performance sports carmaker, RUF Automobile, will set up a joint venture factory in Bahrain, the first car manufacturing plant in the Gulf Region.
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Wolfram BielensteinMonday, April 25 - 2005 at 15:08 UAE local time (GMT+4)
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