May 24 2008 |
more articles from
|
Jubail gets a boost
JUBAIL INDUSTRIAL CITY - King Abdullah, the Custodian of Two Holy Mosques, inaugurated here Friday 30 development projects with total capital investments of SR70 billion.The projects in the fields of petrochemicals, gas and steel, and housing were those of Saudi Arabian Basic Industries Corporation (SABIC) , the Royal Commission for Jubail and private sectors.
The King inaugurated the projects in a specially built tent located near the headquarters of the Royal Commission for Jubail .
Prince Saud Bin Abdullah Bin Thunayan, chairman of the Royal Commission for Jubail and Yanbu , lauded the King for his continued support to various development projects of the Commission, SABIC and the private business sector.
He said the King's visit to the Eastern Province, particularly the Jubail Industrial City, reaffirms his commitment in undertaking projects for the benefits of its citizens.
The King laid the foundation of several housing projects of the Royal Commission for Jubail Projects, as well as other projects at Jubail 2. The Commission projects, worth SR7.1 billion are the development of the Matrafiyah Residential Area at a cost of SR2.4 billion which can accommodate over 11,000 people, second phase of the housing project at Jalmoudah Districts comprising 10,200 housing units at the cost of SR1.4 billion, expansion of Jubail Colleges housing units for 18,000 students costing SR.500 million, and several projects at Jubail 2 worth SR2.8 billion.
The mega-expansion projects of SABIC launched by King Abdullah are the SR1.31 billion expansion of the National Industrial Gas, Saudi Methanol Company expansion costing SR3.5 billion, expansion of S audi Iron & Steel Co . (Hadeed) costing SR3.77 billion, expansion of the Jubail United Petrochemical Company 's Linear Alpha Olefins plant costing SR1.2 billion, and the SR.1.28 billion expansion of National Gas Company.
The projects of the private sectors launched by the King are those of Saudi Ethylene & Polyethylene Company (SR9.5 billion), Jubail Chevron Philips Company (SR4.9 billion), Advanced Polypropylene Company (SR2.9 billion), and Chemical Methanol Company (SR1.51 billion), and other petrochemical and plastics projects valued at SR2.2 billion. The visit of King Abdullah at Jubail Industrial City ended his almost one week tour of the Eastern Province. He visited Jubail in 2006 and laid the foundation of 22 mega projects.
Zawya Comment Policy
-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another's privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Copyright © 2012 Zawya Ltd. All rights reserved. |
provided by www.zawya.com |
Post Your Comment