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FINANCIAL NEWS
Saudi RCJY signs USD381 m-worth contracts
26 Dec 2013
(MENAFN) Prince Saud bin Abdullah bin Thunayan, president of the Royal Commission for Jubail and Yanbu, has signed USD381 million-worth contracts for infrastructure projects in Jubail, Yanbu and Ras Al-Khair, according to Arab News.
The prince said: “We have implemented a large number of projects in the three industrial cities this year thanks to the government support.”
The eight new projects are estimated to totally cost USD2.26 billion, and are expected to open the door for more investments and greater projects.
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