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15-03-23
Saudi industry minister: Jubail Industrial City to raise USD2.1B funding growth
(MENAFN) A hospital, a bookstore as well as a hydrogen plant are between the improvement heading for Jubail following the Saudi administration inked off a package of funding agreements valued at SR8 billion (USD 2.13 billion).
The Kingdom’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, issued the deals on Twitter, with investments ranging from industrial to commercial services — all concentrated on supplying facilities to the residents and growing the quality of life in Jubail Industrial City.
The deals were inked by Ahmed bin Zaki Al-Hussein, chief executive of the Royal Commission in Jubail, with one witnessing the National Center for Environmental Compliance Control establishing a headquarters with a projected investment of SR270 million and proposing 80 jobs for Saudi staffs.
In addition to establishing 50 employment prospects for Saudi citizens, Jarir Marketing Co. is going to operate a branch of Jarir Bookstore, in addition to a range of restaurants and cafes in Sudair’s city hub in the Al-Fanateer district, for SR40.1 million.
MENAFN15032023000045014228ID1105783159
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