Tariffs on imports only way to get fairness, says Trump    24 Democratic states and cities sue over Trump's bid to end birthright citizenship    As fighting in Gaza stops, Israel launches major military campaign in West Bank Israeli forces kill 10 Palestinians in Jenin    Saudi Arabia introduces national policy to eliminate forced labor    Al Hilal solidifies Saudi Pro League lead with a 4-1 victory over Al Wahda    Al Nassr secures hard-fought 3-1 victory over Al Khaleej in Saudi Pro League    Al Hilal signs young Brazilian talent Kaio César from Vitória Guimarães    Roberto Firmino's volley secures Al Ahli's 2-1 win over Al Ettifaq    Saudi foreign minister expresses cautious optimism about Syria Prince Faisal will visit Lebanon soon    Saudi Arabia is keen on continue working with US Princess Reema attends inauguration of President Trump    Arcapita & Parkway invest in a portfolio of high-growth Artificial Intelligence companies    Trump makes 'two genders' and anti-DEI policy official    "Dar wa Emaar" generates more than SR900 million in sales of "Tala al Khuzam" units within 2 months Unique housing and investment opportunity in north Riyadh    Saudi Aramco chief expects oil demand to rise by 1.3 million bpd this year    Saudi Minister of Economy and Planning meets with Schneider Electric chairman in Davos    Saudi Arabia takes part in Ministerial Meeting in New York in support of Yemeni government    Princess Hessa bint Salman attends launch of fashion design exhibition in Riyadh Princess Noura Al-Faisal: Art of Heritage showcases Saudi identity with a modern vision    Weight-loss drugs may boost health in many ways    Interior ministry introduces drone to enhance road security    Sir Anthony Hopkins mesmerizes Riyadh with his first live musical performance 'Life Is A Dream'    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Demand for trucks in KSA expands on robust transport, logistics market
Published in The Saudi Gazette on 04 - 03 - 2012

From fourth left, Sheikh Ali Hussein Alireza, Managing Director of Haji Husein Alireza & Co. Ltd., Sheikh Ali Alireza, and Chaoying Xu, General Manager of Yuejin, cut the ceremonial ribbon.
JEDDAH – Saudi Arabia's strategic location and large-scale infrastructure development will position the Kingdom as one of the world's leading transport and logistics hubs. The Saudi Arabian General Investment Authority said on its website that the Kingdom's logistics demand would boost the cargo flows to more than 2.5 million tons by 2020, with the 60 percent of expected growth based on basic demand, 10 percent of expected growth on additional demand from leveraging additional logistics "launch pads".
The Economic Cities alone will contribute an additional 86-129 million tons per annum (or approximately 30 percent of the expected growth in cargo flow through the Kingdom).
Saudi Arabian domestic cargo demand is expected to grow by a 4-5 percent compound annual rate through 2020, while international flows are expected to grow at 5 percent and 7-8 percent for air and sea cargo, respectively, said the government body responsible for managing the investment environment in the Kingdom.
The average tonnage throughput growth at Jeddah Islamic Port alone is forecast to average 0.9 percent a year to 2015, BMI said in another report.
Against this backdrop, the land cargo transport sector is expected to further gain. The robust outlook fueled a higher demand for affordable transport truck.
Amid this bright scenario, Haji Husein Alireza & Co. Ltd. opened last week in Jeddah the first showroom for the Chinese lightweight transport truck "Yuejin" in Saudi Arabia.
Speaking at the ceremony, Sheikh Ali Hussein Alireza, Managing Director of Haji Husein Alireza & Co., Ltd., dealers of Yuejin trucks in the Kingdom, said: "We noticed the high demand for lightweight transport trucks which can be used for transportation and handling of small and mid-sized cargo inside and outside cities." He added: "We wanted to contribute in meeting the needs of business sector for such multifunctional trucks that can be used in many areas of business, and provide great benefits to the development of our country."
"We did not look for long time, as our options were limited to get the exclusive dealership rights for the best lightweight transport truck manufactured in China, and we did it, and got the dealership for Yuejin, the renowned Chinese truck, which is best known for its high performance, durability, strong capabilities and the ability to adapt to all work conditions and requirements," Sheikh Alireza noted.
Yuejin trucks range from 3.5 to 4.5 tons in order to meet the various needs of transport. In the near future, trucks of higher capacity ranging from 6 to 8 tons will be available in the Saudi market.
Yuejin trucks are equipped with a range of diesel engines with different capacities to suit all requirements. They are also fully equipped with various driving systems to ensure safety and comfortable driving, making them "the ideal partner for business sector," the company said in a statement.
Chaoying Xu, General Manager of Yuejin, said on the opening of the first showroom for Yuejin trucks in Saudi Arabia, that "we have the biggest share of lightweight transport trucks market in China, which is very large market. The Saudi market is a promising market and constantly expanding. We really want to enter this market to partake in the development of this distinguished country."
Nanjing Automobile Co., Ltd., manufacturer of Yuejin trucks, began producing the trucks 60 years ago and is available in more than 60 countries around the world.


Clic here to read the story from its source.