{"id":11034,"date":"2026-02-10T10:14:18","date_gmt":"2026-02-10T09:14:18","guid":{"rendered":"https:\/\/shams-alyaoum.com\/en\/?p=11034"},"modified":"2026-02-10T10:14:18","modified_gmt":"2026-02-10T09:14:18","slug":"masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization","status":"publish","type":"post","link":"https:\/\/shams-alyaoum.com\/en\/masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization\/","title":{"rendered":"MASARAT Mobility Park Announced Agreements with TASARU Supplier Hub to Advance Automotive Manufacturing Localization"},"content":{"rendered":"<ul>\n<li><b><span lang=\"EN-GB\">MASARAT Mobility Park<\/span><\/b><span lang=\"EN-GB\">\u00a0signed development-lease agreements with TASARU Supplier Hub to accelerate industrial localization and strengthen Saudi Arabia\u2019s automotive supply chain.<\/span><\/li>\n<li><span lang=\"EN-GB\">These agreements enable TASARU Supplier Hub to establish operations at\u00a0<b>MASARAT Mobility Park<\/b>\u00a0to host leading automotive suppliers, reinforcing the Park\u2019s role as a premier destination for automotive and mobility industries.<\/span><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<div class=\"content  content-justify \">\n<p>MASARAT Mobility Park, Saudi Arabia\u2019s premier destination for automotive and mobility industries, has entered into development lease agreements with TASARU Supplier Hub, a strategic initiative by TASARU Mobility Investments (a PIF company) This partnership underpins long-term industrial localization, reinforces the national automotive supply chain, and significantly enhances the Park\u2019s value proposition for Original Equipment Manufacturers (OEMs) and suppliers.<\/p>\n<p>As announced at the 4<sup>th<\/sup>\u00a0edition of PIF Private Sector Forum 2026, these agreements enable TASARU Supplier Hub to develop manufacturing facilities at MASARAT Mobility Park to host global Tier-1 automotive suppliers serving OEMs, such as Ceer, the first Saudi electric vehicle brand, and Lucid Motors. Located within King Salman Automotive Cluster in the Special Economic Zone (SEZ) at King Abdullah Economic City (KAEC), this initiative represents a strategic step toward accelerating the Kingdom\u2019s ambition to build a world-class automotive and mobility ecosystem in line with Saudi Vision 2030.<\/p>\n<p>Through this collaboration, MASARAT Mobility Park will provide an integrated, investment-ready industrial environment designed to support advanced manufacturing operations, streamline supplier setup, and enable efficient logistics and operational connectivity, strengthening the Park\u2019s role as a key enabler of automotive supply chain localization. Supported by proximity to OEMs within the King Salman Automotive Cluster, the Park strengthens its role as a key enabler of automotive supply chain localization.<\/p>\n<p><b>Tienie Ferreira, CEO of MASARAT Mobility Park,<\/b>\u00a0commented:<\/p>\n<p>\u201cThese agreements represent a strategic step in advancing MASARAT Mobility Park as a purpose-built platform for automotive manufacturing. Partnering with TASARU Supplier Hub accelerates the localization of critical suppliers, strengthens supply-chain readiness and supports the growth of a competitive automotive ecosystem within KAEC. This development aligns with the objectives of the Saudi Vision 2030 to build a resilient, globally competitive automotive and mobility sector.\u201d<\/p>\n<p><b>Abdulaziz Almutairi, CEO of TASARU Supplier Hub<\/b>, added: \u201cTASARU Supplier Hub is designed to translate industrial ambition into execution. By onboarding Tier-1 global suppliers within an investment-ready platform, we advance local content, enable faster time-to-production, and deepen private-sector participation, directly supporting Vision 2030\u2019s objectives for a competitive, export-capable automotive supply chain.\u201d<\/p>\n<p>This milestone reinforces MASARAT Mobility Park\u2019s role as a strategic industrial platform within the King Salman Automotive Cluster, attracting international automotive players and integrating manufacturers, suppliers, and service providers into a single ecosystem. The agreement supports the localization of manufacturing capabilities, advances economic diversification, creates high-value jobs, and strengthens Saudi Arabia\u2019s position as a regional and global hub for the automotive and mobility industries.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MASARAT Mobility Park\u00a0signed development-lease agreements with TASARU Supplier Hub to accelerate industrial localization and strengthen Saudi Arabia\u2019s automotive supply chain. These agreements enable TASARU Supplier Hub to establish operations at\u00a0MASARAT Mobility Park\u00a0to host leading automotive suppliers, reinforcing the Park\u2019s role as a premier destination for automotive and mobility industries. &nbsp; MASARAT Mobility Park, Saudi Arabia\u2019s &hellip;<\/p>\n","protected":false},"author":2,"featured_media":11035,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[1343,9,1310,1400],"class_list":["post-11034","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-automotive","tag-business","tag-general","tag-manufacturing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MASARAT Mobility Park Announced Agreements with TASARU Supplier Hub to Advance Automotive Manufacturing Localization - Magazine Shams Al Yaoum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shams-alyaoum.com\/en\/masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MASARAT Mobility Park Announced Agreements with TASARU Supplier Hub to Advance Automotive Manufacturing Localization - Magazine Shams Al Yaoum\" \/>\n<meta property=\"og:description\" content=\"MASARAT Mobility Park\u00a0signed development-lease agreements with TASARU Supplier Hub to accelerate industrial localization and strengthen Saudi Arabia\u2019s automotive supply chain. These agreements enable TASARU Supplier Hub to establish operations at\u00a0MASARAT Mobility Park\u00a0to host leading automotive suppliers, reinforcing the Park\u2019s role as a premier destination for automotive and mobility industries. &nbsp; MASARAT Mobility Park, Saudi Arabia\u2019s &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shams-alyaoum.com\/en\/masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization\/\" \/>\n<meta property=\"og:site_name\" content=\"Magazine Shams Al Yaoum\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-10T09:14:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shams-alyaoum.com\/en\/wp-content\/uploads\/2026\/02\/masarat-tasaru-Photo-AETOSWire_1770710422.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"shamsalyaoum\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"shamsalyaoum\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shams-alyaoum.com\/en\/masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization\/\",\"url\":\"https:\/\/shams-alyaoum.com\/en\/masarat-mobility-park-announced-agreements-with-tasaru-supplier-hub-to-advance-automotive-manufacturing-localization\/\",\"name\":\"MASARAT Mobility Park Announced Agreements with TASARU Supplier Hub to Advance Automotive Manufacturing Localization - 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