<p>The UK's premium carmaker Jaguar Land Rover (JLR), promoted by Tata Motors, on Tuesday formally signed a pact with National Industrial Clusters Development Program (NICDP) paving the way for an automotive partnership in the kingdom of Saudi Arabia.<br /><br /></p>.<p>Jaguar Land Rover Chief Executive Officer Ralf Speth and Saudi Arabia's NICDP President Azzam Yaser Shalabi signed a Letter of Intent for an automotive partnership in the latter's country.<br /><br />Accordingly, both the entities will now begin a detailed feasibility study together, to determine the viability of setting up an automotive facility. <br /><br />Further, Prince Faisal Bin Turki bin Abdul Aziz Al Saud and the Saudi Arabian Government has expressed intention to initiate, develop and support automotive industries and see JLR as a potential partner to help strengthen their industrialisation plans in the region.<br /><br />Even as discussions between JLR and the Saudi Government are at a preliminary stage, opportunities have already been identified in aluminium component production – an area where Jaguar Land Rover has established a leadership position.<br /></p>
<p>The UK's premium carmaker Jaguar Land Rover (JLR), promoted by Tata Motors, on Tuesday formally signed a pact with National Industrial Clusters Development Program (NICDP) paving the way for an automotive partnership in the kingdom of Saudi Arabia.<br /><br /></p>.<p>Jaguar Land Rover Chief Executive Officer Ralf Speth and Saudi Arabia's NICDP President Azzam Yaser Shalabi signed a Letter of Intent for an automotive partnership in the latter's country.<br /><br />Accordingly, both the entities will now begin a detailed feasibility study together, to determine the viability of setting up an automotive facility. <br /><br />Further, Prince Faisal Bin Turki bin Abdul Aziz Al Saud and the Saudi Arabian Government has expressed intention to initiate, develop and support automotive industries and see JLR as a potential partner to help strengthen their industrialisation plans in the region.<br /><br />Even as discussions between JLR and the Saudi Government are at a preliminary stage, opportunities have already been identified in aluminium component production – an area where Jaguar Land Rover has established a leadership position.<br /></p>
