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  • Writer's pictureTeam CargoTalk

SDEC, PAF, Daewoo Trucks ink MoU to build trucks in KSA

Saudi Diesel Equipment Company (SDEC), Perfect Arabia Factory for Metal Industries (PAF) and Daewoo Trucks have signed an MoU to explore building commercial trucks in KSA, according to an SDEC spokesperson. The MoU represents a promising development for the commercial vehicle industry front, leading to increased local production, job creation, and technological transfer. The signing ceremony took place in the presence of Bangshin Kim, President & CEO, Daewoo Trucks.

The MoU outlines an understanding between the parties to focus on the assembly of Daewoo Trucks by PAF and SDEC, supported by technical assistance from Daewoo Trucks, the SDEC A spokesperson said. This collaboration aims to leverage local capabilities in vehicle assembly, thereby enhancing the availability and quality of commercial vehicles in the Saudi market.

“This collaboration marks a significant step in our efforts to expand our presence in the Middle East. Our collaboration with SDEC and PAF is a testament to our commitment to the KSA market, fostering growth and delivering superior commercial vehicle solutions,” a Daewoo Trucks official said.


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