Land Rover will soon begin assembling cars in Jordan from parts imported from Britain, company officials said in statements published Monday.
Riad Shahin of the Jordanian automotive firm Ole and Land Rover officials made the announcement in Amman and London after a deal signed on Sunday.
According to company officials in London more than 5,000 vehicles will be assembled in Jordan at a factory due to become operational towards the end of 2001.
Parts for Land Rover's Defender model will be shipped by boat to Jordan from the company's factory at Solihull, the company officials in Britain said.
In Amman Shahin said 35 million dinars ($50 million) in investment will be injected into the first phase of the scheme, adding that the factory will be built in the southern province of Maan.
Production is set to start in the first quarter of 2001, with Land Rover supplying technical assistance including training Jordanian staff, he told a press conference late Sunday.– (AFP)
© Agence France Presse 2000
© 2000 Mena Report (www.menareport.com)