Published On:March 16 2012
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KSA to spend US$12.5bn on Jeddah projects
Saudi Arabia says it will spend SAR47bn (US$12.5bn) on 127 infrastructure projects in Jeddah in a bid to transform the city into a regional hub, the governor of the kingdom’s Makkah province was reported as saying.
At a meeting of the Regional Council this week, Prince Khaled Al-Faisal said 42 projects have been completed and 127 projects are currently underway, the Saudi Gazette reported on Tuesday.