Transport projects in Saudi Arabia drive demand for construction equipment
A contract worth SAR 200 million has been signed by Al Ayuni Investment & Contracting Company and Zahid Tractor’s Commercial Vehicles Division to purchase 510 Volvo trucks.
The Volvo FMX vehicles will replace old equipment on a number of road and rail projects in Saudi Arabia. The cab and chassis have been adapted to enhance the FMX model, designed to cope with heavy loads, off-road terrain and steep inclines. They will be produced in Jeddah form November and are the first to be supplied in the Middle East.
Swedish ambassador Jan Thesleff and Volvo Trucks president Bjorn Ingemanson attended the signing.
“It is very encouraging that Al Ayuni Investment & Contracting Co. has placed this highly significant order. Sweden and Volvo Trucks are partners of Saudi Arabia, notably when it comes to completing the important infrastructural and construction projects that are under way. On many occasions, only trucks like the new Volvo FMX are tough and robust enough to do the job,” Thesleff commented.
Abdul Karim Al Ayuni deputy chairman of Al Ayuni’s board said: "This deal comes under Al Ayuni’s best business practices, which mandates acquiring new truck fleets on a periodic basis to ensure consistent production output and meet its obligations toward customers."