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FINANCIAL NEWS
Riyadh approves USD1.3b flood drainage projects
15 Mar 2012
(MENAFN) Riyadh Gov. Prince Sattam chaired a meeting for the Riyadh Provincial Council, in which a budget of USD1.3 billion was set to flood drainage projects in Riyadh, reported SPA.
Another USD200 million has also been allocated to acquire land for the water the drainage works of Al-Sulay Valley, Secretary-General of the Council Sulaiman Al-Qanas said in a statement to the Saudi Press Agency.
The meeting also studied the viability of opening branches of universities in the south of Riyadh with the aim of easing traffic on the roads in the north of the city.
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