MASARAT Mobility Park signed development-lease agreements with TASARU Supplier Hub to accelerate industrial localization and strengthen Saudi Arabia’s automotive supply chain.These agreements enable TASARU Supplier Hub to establish operations at MASARAT Mobility Park to host leading automotive suppliers, reinforcing the Park’s role as a premier destination for automotive and mobility industries. 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. Tienie Ferreira, CEO of MASARAT Mobility Park, commented:“These 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.”Abdulaziz Almutairi, CEO of TASARU Supplier Hub, added: “TASARU Supplier Hub is designed to translate industrial ambition into execution.

Source: GNN Liberia February 10, 2026 10:42 UTC