Money and business

“Cities” attracts new medical and pharmacy investments of 375 million riyals


The Saudi Commission for Industrial Cities and Technology Zones signed "Cities"The allocation of industrial land in Sudair City for Industry and Business for a company "BPI" French for investment in the field of medical and pharmaceutical preparations with a value of (375) million riyals, as its first investment in the Kingdom. "Cities" Bandar Al -Khar, in the presence of the CEO of "Cities" Engineer Majid Al -Arqoubi. "Cities" That the preferred destination for the growth of investments and the first partner of the industrial and technical system, by providing a possible investment environment for specific industries, is attractive to local and global investments in line with the aspirations of the Kingdom’s 2030 vision and the national industry strategy targets. Pharmaceutical for human and veterinary use, and medicinal herbal industry, in addition to the manufacture of surgical dressings and fractures, as well as the manufacture of pure chemical sugar, and the manufacture of devices and tapes measuring blood sugar. "Cities" Pumping new industrial and logistical investments in their industrial cities, by allocating products that include ready -made lands and factories and launching projects that support the development of infrastructure and service, and contribute to promoting the industrial and economic renaissance. In growth in the number of industrial facilities by (12%), and currently includes (421) facilities, most of which work in the field of food industries, chemical industries, mineral industries, machinery and equipment industry, and the number of workers in it exceeds more than (34) thousand employees and employees.

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