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FINANCIAL NEWS
Saudi Arabia earmarks USD798m for Tabuk projects
25 Feb 2013
(MENAFN) During the current Hijri year 1434-35, around USD798 million will be used to carry out and conclude a number of infrastructure and utility services projects in Saudi Tabuk, reported Saudi Press Agency.
Most of the projects comprise building roads and highways, at a cost of USD210.10 million.
Furthermore, Saudi authorities finished a USD79.88 million 30km road, part of the Tabuk-to-Madinah highway.
Additional road projects comprise the completion of the 25-km Taima-Oula Road, at a cost of USD24.23 million and Tabuk-Dhaba road at a cost of USD23.96 million.
It is worth noting that the Saudi government has also earmarked USD209 million to implement new water, sewage and desalination projects.
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