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Taqnia Aeronautics Co. and Antonov have signed an agreement to develop and manufacture a variant of the An-32 in Saudi Arabia.
Saudi Arabia To Build Antonov Cargo Planes

ABU DHABI — Saudi Arabia will manufacture aircraft within two years after the kingdom signed a deal with Ukrainian manufacturer Antonov on Wednesday.
Taqnia Aeronautics Co., a subsidiary of Saudi development and investment company Taqnia, signed an agreement to develop and manufacture the Antonov-32 light cargo plane in Saudi Arabia.
The agreement, signed by Turki Bin Saud Bin Mohammed Al-Saud, chairman of Taqnia Aeronautics and president of the King Abdulaziz City for Science and Technology, and Dmytro Kiva, president of Antonov, will see a transfer of aviation industry technology to the kingdom and training by Ukrainian experts.
According to Al-Saud, the evolved Antonov-32 will have an extended range and is designed for military and civilian operations.
"Its range will be doubled or more and the kingdom will participate in developing new specifications for the aircraft to co-own this technology with the Antonov company," he said.
"The new Saudi-Ukrainian aircraft will be designed with Western engines from Canada, navigation systems from American company Honeywell, as well as other parts that will be acquired from the UK," he added.
The new joint venture will also be limited to Saudi and Ukrainian nationals, a boost to local ambitions and Ukrainian employment needs.
Saudi Arabia To Build Antonov Cargo Planes