Porsche Middle East and Africa, a subsidiary of German sports car manufacturer Porsche, is planning to expand its business in the region, with a focus on sub-Saharan Africa.
This move of the company is in line with its global 2018 development strategy. The announcement comes following the formation of a a new Network Development department.
As a part of this plan, the company is planning to establish new plants in currently untapped markets. The company currently has presence in 19 markets across the Middle East, Levant, Africa and India.
The company has also launched a new dedicated investor communication platform, which allows new investors to express their interest in becoming a Porsche importer in the above mentioned region by completing an online application.
Porsche Middle East and Africa managing director Christer Ekberg said that with the implementation of the investor communication platform, they have made substantial progress towards their 2018 growth target.
"Porsche is looking for investors that are as passionate about the brand as we are, and with the local market expertise to help us deliver an unparalleled experience and unrivalled service to customers," Ekberg added.