Browse
related articles
Saudi, Turkish investors to build trailers factory
- Saudi Arabia: Thursday, January 17 - 2013 at 04:43
Saudi-based Reema Group has signed an agreement with Turkish investors to establish the kingdom's first factory to build trailers and containers, Arab News has reported. To be set up at Jeddah Industrial City, the SR500m plant will produce 5,000 trailers and containers this year, according to Anwar Basaad, chairman of the board of directors of Reema Group. "The agreement will help transfer of Turkish technology to Saudi Arabia," he said. "We intend to meet the local demand for trailers and containers," Basaad said. The factory will be established on an area of 20,000 sq m in the industrial city.
Related Content
Article Options
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by AME Info FZ LLC / 4C and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
AME Info FZ LLC / 4C can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / 4C.
In no event shall AME Info FZ LLC / 4C be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
