Money and business

“Asaq” adopts a new plastic factory in Sudair, at a cost of 60 million riyals


The Board of Directors of a company approved "Aseg Plastic Factory"In its meeting held today, Wednesday, to start establishing a factory expansion project on an area of ​​100,960 square meters in Sudair City for Industry and Business, within the framework of the company’s expansion plans to increase its productive capabilities and keep pace with the rapid growth in the sector. "Saudi Arabia trading"She is currently taking place consultations with suppliers and consultants to carry out construction work, adding that the project is expected to start at the beginning of the fourth quarter of this year and finish it during the first quarter of 2027, with a total value The company, with the possibility of benefiting from the financing programs and facilities provided by the Saudi Industrial Development Fund or other financing bodies. The company has after the completion of the operation. Corresponding to September 24, to complete the current session of the Council, which ends on December 2, 2027.

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