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FINANCIAL NEWS
Saudi, China sign USD53.20m infrastructural projects
01 Dec 2014
(MENAFN) The chairman of the Royal Commission for Jubail and Yanbu (RCJY), has signed two agreements aiming to develop intersection and bridges on Al-Meena Street and School transportation services in Yanbu industrial city, Arab News reported.
However, a third contract has been signed to provide engineering studies for the development of the coastal road and the essential facilities that belong to industrial and areas in Jubail Industrial City, the three contracts amounted at USD53.20 million.
He signed the first contract with China Harbor Engineering Arabia Ltd., which is going to work on the construction and development of Al-Meena Street in Yanbu Industrial City that contains creating intersessions, drainage network, bridges between the highway and Al-Meena Street.
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