Life & Style | Motoring
Gulf Automobile to build pickups in Saudi Arabia
Abu Dhabi-based Gulf Automobile Industry Corp (GAIC) will manufacture the 150-horsepower vehicle in Saudi Arabia through a 375 million Saudi riyal joint venture with a Saudi industrial investor.
- By Himendra Mohan Kumar, Staff Reporter
- Published: 01:04 February 8, 2008
Abu Dhabi: Abu Dhabi-based Gulf Automobile Industry Corp (GAIC), the first UAE producer of an indigenously developed double cabin pick-up, will now also manufacture the 150-horsepower vehicle in Saudi Arabia through a 375 million Saudi riyal joint venture with a Saudi industrial investor.
"With the support of the Saudi government, we are setting up a factory in Dammam Industrial City 2, which will have a capacity to produce 15,000 pick-up units annually," Nasser Hamad Al Hajeri, chairman of the Gulf Automobile, told Gulf News in an interview.
"The production at the 109,000 square metre factory will start by the beginning of 2009," he said.
Since the launch of its pick-up in November last year, Gulf Automobile has about 100 of its vehicles on the roads in the UAE and Saudi Arabia at present.
He said the company has orders for 150 units. The customers are from the UAE, Saudi Arabia, Qatar and Yemen.
"We will deliver 40 units to customers by the end of this month. It will take another two-and-a-half months for us to manufacture the rest," Al Hajeri said.
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