Establish local manufacturing of alloy wheels (aluminum and steel) to supply OEMs for passenger cars and commercial vehicles in Saudi Arabia, utilizing existing raw material to produce end-products of higher value add.
Sector
Aerospace and Defense
Download Opportunity
Investment Highlights
- Expected Investment size of USD 50 Mn
- Expected IRR: ~ 7% to 12%
- Payback period: 7-9 years
- Job Creation: ~225 direct jobs
- GDP Impact: USD 100 Mn