Mohamed Yousuf Naghi Motors (MYNM), BMW Group importer for Saudi Arabia, has laid the foundation stone for a new facility in northern Riyadh. The project spans over 10,800 square metres in the Riyadh financial district.
BMW and MYNM are looking at sometime in 2021 to complete the facility, following which it will provide sales and service for the full lineup of both BMW and Mini brands.
Sheikh Mohamed Yousuf Naghi, founder of MYNM; Joerg Ranau, ambassador of Germany; Hendrik Von Kuenheim, senior vice president, BMW Group Africa, Russia, importer markets Europe and Middle East; and Dr. Hamid Haqparwar, managing director of BMW Group Middle East, laying the foundation stone to formally commence building work on the project.
Sheikh Mohamed Yousuf Naghi, founder of MYNM; Joerg Ranau, ambassador of Germany; Hendrik Von Kuenheim, senior vice president of BMW Group Africa, Russia, importer markets Europe and Middle East; and Dr Hamid Haqparwar, Managing Director of BMW Group Middle East, together attended a groundbreaking ceremony to formally commence construction of the project.
Sheikh Naghi said, “Breaking ground on this new project is an immensely proud occasion. Once complete, our customers will enjoy the convenience of a nearby location for after-sales and vehicle service, which will provide them with the highest level of service and luxury.”
The project occupies a land area of 10,800 square metres with a total surface area of 38,000 square metres. It will consist of a showroom, two basement areas, and workshops.