2021 is upon us and what a great chance to start fresh in the new year. It's time to think outside the box by taking advantage of the opportunity to find local distribution partners, expand your market share and bring your products to the largest and most dynamic automotive aftermarket in the GCC. Get in touch with us to discover how participating at the 3rd edition of Automechanika Riyadh held from 11 - 13 October will help your business grow.
The most important news coming out of Saudi Arabia in the last few weeks has been the budget approval for 2021. The new budget for Saudi Arabia has been approved at 990 billion Saudi riyals (264 billion USD), with an emphasis on infrastructure projects across the Kingdom. The on-going projects of NEOM, the Red Sea tourism project and the Qiddiya entertainment city near Riyadh are all top of the list to continue pushing ahead with which means continued opportunities for . In other interesting news, electric vehicle manufacturer Lucid Motors is in talks with the Public Investment Fund of Saudi Arabia to build a vehicle manufacturing factory near Jeddah. Saudi Arabia aims to become a major manufacturer and supplier of electric vehicles in the region.
If you haven’t booked yet for Automechanika Riyadh 2021, make sure to do so before the expiry of the 5% early bird discount on February 28, 2021.
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