BUSINESS

Saudi In Deals Worth SAR220M For 2nd Dammam Indus City-Report

Saudi Arabia's Organization for Industrial Estates and Technology Zones, or Soietz, has signed three contracts worth 220 million Saudi riyals ($58.8 million) for expansion projects in the second industrial city of Dammam in the eastern part of the country.

Zawya Dow Jones News

November 15, 2008

Saturday, Nov 15, 2008

BEIRUT (Zawya Dow Jones)--Saudi Arabia's Organization for Industrial Estates and Technology Zones, or Soietz, has signed three contracts worth 220 million Saudi riyals ($58.8 million) for expansion projects in the second industrial city of Dammam in the eastern part of the country, Abha-based Al Watan daily reports Saturday.

The projects include the expansion of a building materials plant and a meat factory in addition to allocation of land to a pipes plant, the paper reports.

Newspaper Web site: www.alwatan.com.sa

-By Beirut Bureau, Zawya Dow Jones; +961-1-985 757; BeirutZDJ@zawya.com

(END) Dow Jones Newswires

15-11-08 0753GMT