British luxury car maker Jaguar Land Rover (JLR) is set to invest GBP100m in a car manufacturing plant in Saudi Arabia to expand the production.
This investment follows the company's investments in China and Brazil to establish new plants.
With this new investment, the new plant is capable of manufacturing 100,000 cars annually to meet the demand in West Asia. The new facility will create around 5000 jobs in the region.
The company will start the production with components sourced from Britain. However, the company will also partner with local companies to source more parts.
Besides this, the Saudi government is also investing in the plant in a move to develop the automotive industry.
Earlier in February 2014, JLR also announced its plans to produce its XJ saloon brand at Tata Motors manufacturing plant in Pune, India.
The new model follows the introduction of Land Rover Freelander 2 and Jaguar XF models in 2011 and 2013 respectively.
