The CEO of the Royal Commission in Jubail, Ahmed bin Zaid Al Hussein, laid the foundation stone for the Sanam factory for assembling passenger cars, which is the first of its kind in the Kingdom to assemble passenger cars. Localizing such industries, which have a high return on the national economy. For his part, the CEO of Sanam, Fahd bin Suleiman Al-Duhaish, said: Today is the beginning of the first step for the first phase, which will be an assembly phase with a technical license from the technical partner for two types of passenger cars with content Al-Duhaish added: In the second phase, the localization of plots from Jubail Industrial City will be the primary goal, with a ratio of 30% to 40%, noting that at the beginning of the project, 50% of the jobs will be localized as a first stage, and pointed out that the value of the phase The first of the project amounts to 300 million riyals, and for his part, the technical head of SsangYong Company, Chang Won Kim, said: They are working to transfer experience to the side of Sanam. The foundation stone laying ceremony also witnessed the signing of several investment agreements. The investment volume in the project amounts to 700 million riyals, and the factory’s production capacity is 30,000 cars annually in the third production year.