• $ 150 billion is the total investment in Jubail and 70 investment opportunity soon to be announced

    10/02/2016


     
    In a meeting on Tuesday East chamber Branch in Jubail.
     
     $ 150 billion is the total investment in Jubail and 70 investment opportunity soon to be announced
     
    Industrial integration Management   director  of Royal Commission in  Jubail  Engineer Abdullah Al Eid,  revealed the approach of   announcing   70 available investment opportunities   for  institutions and private sector companies in Jubail will be revealed  at the next transformational industry conference, explaining that the total investment in Jubail has reached $ 150 billion, including infrastructure and industrial, residential and commercial.
      Al Eid, that was the guest of a meeting Tuesday Monthly February 9, 2016, which was held Branch East chamber in Jubail pointed that the Commission has worked to add multiple activities in the industrial and housing area, also it allocated sites for some international companies, said that the "plastic Park" area is specified for plastics and part of it has entered the actual operation phase, after the entry of some international companies in investing in them.
    He pointed that the Royal Commission is working to implement industrial integration   initiative in its cities, so as to maximize the added value of basic petrochemical products and use them in the growth of manufacturing  of  small and medium enterprises that will have a significant contribution to the creation of a large number of jobs for young Saudis as well as diversification of the Saudi economy .Noting the availability of all the elements of the investment in the industrial cities in Jubail, which positiones it to attract local and international investors in various basic and manufacturing industries fields.
     The head of the Businessmen Council branch of the East  chamber in Jubail Mishari Al Oqaili has made it clear that the Board of businessmen in Jubail first meeting was held at the beginning of the New Year  and it reviewed the next annual plan of the Council and there is a coming coordination to host many of those interested in economic and service affairs
      Al Oqaili   thanked  Royal Commission  in Jubail for the response and unlimited support for businessmen and investors, describing the role of the Royal Commission as a distinctive and prominent role, which contributed to a significant investment and entry of some giant companies to invest in Jubail after   the Royal Commission  has equipped integrated industrial zones.
    The meeting witnessed extensive discussions about ways to take advantage of the available opportunities to investors in Jubail province, and then the guest was honored by the head of the work board of the East Chamber branch in Jubail.

     

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