30/10/2025
Daewoo Trucks Signs Tripartite KD Agreement in Saudi Arabia
On October 17, 2025, Daewoo Trucks signed a tripartite KD (Knock-Down) Agreement at its Seoul headquarters with Saudi Diesel Equipment Company Ltd. (SDEC), the official distributor in Saudi Arabia, and Perfect Arabia Factory for Trucks & Trailers (PAF), the KD manufacturing partner.
Under this agreement, the three parties will collaborate to establish a local KD production base in Saudi Arabia. Beginning in 2026, Daewoo Trucks plans to expand its truck sales in the Saudi market through the new local KD manufacturing facility.