As part of Abdul Latif Jameel’s investment plan of SAR 7.5 billion over the next five years, Abdul Latif Jameel Land develops four fully integrated Toyota sales and service facilities in Saudi Arabia
Abdul Latif Jameel Land, one of Saudi Arabia’s leading property developers, has announced that it is investing SAR 200 million to develop four fully integrated Toyota sales and service facilities in Makkah, Hofuf, Yanbu and Hail. These projects come as part of Abdul Latif Jameel’s recently announced planned domestic investment of SAR 7.5 billion in Saudi Arabia over the next five years, including SAR 2 billion in 2016. This also reaffirms the company’s readiness to support Saudi Arabia’s national agenda for economic diversification, as outlined in the Vision 2030 plan.
The new customer-centric facilities will feature dedicated areas for showrooms, along with aftersales service and maintenance centers. The construction of these projects has begun on August 1, 2016, with the aim for them to be fully operational by the end of 2017.
Abdul Latif Jameel Land will be developing a total built up area of 47,000 square-meters across the four locations. This will include an expansion of Toyota’s service infrastructure in Saudi Arabia by 142 service stalls. This is in addition to the 301 new service stalls that are currently being developed. These 443 new service stalls will complement the existing 1,335 service stalls that are already in place in Toyota’s service centers across Saudi Arabia.
Ammar Izziddin, Managing Director of Tatweer Jameel, an Abdul Latif Jameel Land subsidiary and the development managers of the four new locations, commented: “We are proud to be undertaking the development of these projects that will bring best-in-class sales and service facilities and further enhance the Toyota ownership experience in Saudi Arabia. By utilizing the company’s pool of expertise in construction and development, and by leveraging our longstanding relationships with leading contractors and blue chip consultancy bureaus in the industry, we are confident that these projects will be executed to the best quality standards.”
Abdul Latif Jameel Land is the primary developer of Abdul Latif Jameel’s developments and corporate facilities. Examples of the company’s recent projects include Abdul Latif Jameel’s recently announced corporate headquarters in Jeddah, as well as the world’s largest Lexus Center in Riyadh, which was inaugurated in May 2016 and spreads over an area of 41,400 square meters.