150 billion riyals investments in Ras Al-Khair Industrial City… and major upcoming projects
CEO revealed For the Royal Commission in Jubail and Ras Al-Khair, Engineer Mahmoud Al-Dheeb, the volume of investments in Ras Al-Khair city has reached 150 billion riyals, thanks to strategic planning and advanced infrastructure, to enhance competitiveness Industrial cities and tangible support for the national economy.
Engineer Al-Dhib stressed that this huge economic achievement represents an extension of accumulated institutional successes, culminating in a journey exceeding fifty years of careful institutional planning and continuous work.
Major investment projects
Engineer Al-Dhib announced to"today" About a package of major investment projects coming in the industrial cities of Jubail and Ras Al-Khair, to enhance the growing confidence in the attractive investment environment of the Kingdom.
He explained that the industrial cities affiliated with the Authority were not established randomly, but were designed with high intelligence to meet with utmost precision the requirements of each industry of water, energy and gas supplies, and industrial drainage networks.
He pointed out that the precise spatial allocation for investors is subject to strict standards to ensure the highest operational efficiency and sustainability of assets. He considered directing the investor to the appropriate location part of the smart empowerment system and not an obstacle to it.
Exceptional Achievements
He stressed that the ready-made infrastructure was designed with great care to be compatible with the latest global practices, which contributes directly to raising the efficiency of value chains and achieving the desired industrial integration.
He attributed these exceptional achievements to the successive work teams’ belief in long-term strategic planning, as the Authority builds its successes generation after generation through leaders seeking to create a sustainable development impact locally. And globally.
He concluded his statements by valuing the pivotal role of the media as a strategic partner in the development process, for its prominent role in conveying the true picture, enhancing investment confidence, and attracting more capital to support the national economy.
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