FINANCIAL NEWS

Saudi’s RCJY signs USD78.11m deals for projects

03 Sep 2014

(MENAFN) The Royal Commission for Jubail and Yanbu (RCJY) has signed two contracts worth USD78.11 million for the construction and engineering of two projects, Arab News reported.

The contracts were signed for the engineering and construction of industrial waste water treatment plant at Ras Al-Khair Industrial City as well as to provide engineering services for projects to be implemented at Jubail Industrial City.

The first contract focuses on a new waste water treatment plant, which will be built in Ras Al Khair, and will be built to produce water that has a good quality for irrigation purposes, it is expected to take two years and eight months.

The second contract, which is valid for five years, entails providing detailed engineering studies, designs and preparing plans, and specification for the Royal Commission’s imminent projects which will be done in Jubail Industrial City.

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