Royal Commission for Jubail and Yanbu launches SAR 16.58bn industrial initiatives

Riyadh – Mubasher: Saudi Arabia’s Royal Commission for Jubail and Yanbu on Monday launched ten initiatives at a combined value of SAR 16.58 billion as part of the newly-launched programme to develop the national industry and services.

These initiatives are set to cover all industrial cities which are managed by the Royal Commission for Jubail and Yanbu, according to an official statement.

The Royal Commission for Jubail and Yanbu is to implement 50 initiatives to contribute to achieving the goals of Saudi Vision 2030 that aims to provide further investments, nationalising services, and diversify economy resources.

Earlier on Monday, the Saudi energy minister Khalid Al-Falih stated that his nation will ink SAR 235 billion deals as part of the newly-launched programme to develop the national industry and services.

Mubasher Contribution Time: 28-Jan-2019 10:06 (GMT)
Mubasher Last Update Time: 28-Jan-2019 10:44 (GMT)