SEARCH IN BRIEF

 
Contracts and memorandum of agreement signed for SAR 418bn projects in Jubail and Ras Al-Khair

A number of new developments in Jubail and Ras Al-Khair have moved a step forward this month as the Chairman of the Royal Commission for Jubail and Yanbu (RCJU) Prince Saud bin Abdullah bin Thunayan signed various contracts and a memorandum of agreement worth a total of SAR 418bn (£70bn).

365 projects were involved in this agreement including a SAR75bn (£12bn) petrochemical complex with 26 factories and an 85km railway network expected to be completed in 30 months.

Prince Saud commented: “What we are witnessing today is a big leap in the field of industrial expansion and the fruits of the generous support of the wise leadership of Royal Commission in the development of Jubail 2, Ras Al-Khair which has increased demand of investors proven by numerous land acquisition request to set up their industrial plants and manufacturing industries.”

IN BRIEF
Friday 16 November 2012
Robert Adam named 15th Richard H. Driehaus Prize Laureate
Thu 19 Jan 2017
HOK Strengthens London Office with three key additions
Mon 16 Jan 2017
Perkins+Will welcomes Martin Leitner as new leader of cities and sites practice
Tue 10 Jan 2017
New Year sees management changes at Stride Treglown
Fri 06 Jan 2017
Planning Strategist Chuck Siconolfi joins Perkins+Will
Fri 16 Dec 2016
PERKINS+WILL TAPS DAVID OH TO LEAD SCIENCE AND TECHNOLOGY PRACTICE AREA
Wed 14 Dec 2016
Britain's oldest manufacturing company to close
Wed 07 Dec 2016
Brighton’s i360 chief executive steps down
Wed 30 Nov 2016