Published On:October 11 2018
Story Viewed 66 Times

Saudi Arabia allocates $370mln for 11 infrastructure projects.

Saudi Arabia-based Royal Commission for Jubail and Yanbu has signed 11 contracts at a combined value of SAR 1.361 billion to implement projects that will contribute to developing infrastructure and piling works.

The projects will be distributed in Jubail, Yanbu, Ras Al Khair, and Jazan Economic City, according to an official statement.

The deals include setting up projects in the electricity, industry, education, engineering, and healthcare sectors.

These investments are part of Saudi Vision 2030, intended to diversify the kingdom’s economy and invest more heavily in infrastructure.

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