Riyadh - Mubasher: The total number of female drivers in Saudi Arabia is projected to reach 3 million in three years, according to a recent report by PricewaterhouseCoopers (PwC).
On the other hand, male drivers are set to increase from 9 million in 2017 to 9.5 million by 2020.
Back in September, a royal decree by King Salman bin Abdulaziz allowed women to apply for driving licenses.
It is expected that women will start driving by 24 June, across the kingdom.
This is part of Saudi Arabia’s efforts to advance the gender equality agenda which in turn will boost the automotive market, PwC noted.
The addition of 3 million new women drivers to Saudi Arabia’s automotive market by 2020 will open a host of incremental opportunities for investors and industry participants, ranging from car sales to motor insurance, vehicle leasing and driving schools, the report indicated.
