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FINANCIAL NEWS
Saudi Royal Commission signs USD143m deal for Ras Al-Khair industrial city
19 May 2014
(MENAFN) The Royal Commission for Jubail and Yanbu has recently signed an agreement for the supply and implementation of the seawater cooling system that will be built in Ras Al-Khair industrial city, according to Arab News.
The system is expected to cost as much as USD143.95 million.
The deal includes constructing parallel supply lines; including a backup for the surplus, and the implementation of a single pipeline.
The network will convert the cooling water to rain water drainage system special to industrial, as well as the establishment of seven buildings for electrical equipment.
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