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FINANCIAL NEWS
Saudi Marafiq to build mega projects of USD2.66 b
23 Oct 2013
(MENAFN) Power and Water Utility Company for Jubail and Yanbu (Marafiq) has announced its plan of a huge projects for about USD2.66 billion, according to Arab News.
Marafiq has allocated USD0.613 billion for projects in Jubail, and USD2.039 billion in Yanbu, Al-Riyadh daily said.
The company will build a water desalination plant in Jubail for about USD226.6 million after signing a joint venture between Saudi Aramco and US-based Dow Chemical.
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