Maaden still in talks on Jaguar Land Rover project, says Al-Harbi
British car manufacturer Jaguar Land Rover is still in discussion with Saudi Arabia to build an automotive factory in the kingdom, MEED reported, citing Maaden Aluminium president Abdulaziz al-Harbi.
“There is discussion as announced by the government and there are discussions with a lot of car manufacturers and Jaguar Land Rover is one of them” Al-Harbi said on the sidelines of a conference in Dubai.
“There is a possibility to have the industry in Saudi Arabia.”
The mining firm, which is 25 percent owned by American aluminum producer Alcoa, has begun exporting aluminum sheets to Jaguar Land Rover – a subsidiary of Indian manufacturer Tata Motors, the report said.
“We’re ramping up now and we’re looking for better opportunities and increase the volume,” Al-Harbi was quoted as saying.
In 2012, Jaguar Land Rover signed a letter of intent with Saudi Arabia to produce 50,000 cars every year by 2017. No official announcement on the progress of the facility followed, but the Financial Times in 2015 reported that the project had been scrapped, the report said.
Al-Harbi also said his company had started the qualification process to sell into the United States this quarter, Reuters reported. He did not say how long this would take.