Monday, Jun 16, 2008

BEIRUT (Zawya Dow Jones)--The Saudi Organization for Industrial Estates and Technology Zones has signed a 200 million Saudi riyal ($53.4 million) deal to develop the infrastructure of the second industrial city in Dammam, Abha-based Al Watan daily reported Monday.

The project is part of the fourth and fifth phases of the industrial city and is one of a number of infrastructure projects in the city, the paper reported.

Newspaper Web site: http://www.alwatan.com.sa/

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

Copyright (c) 2008 Dow Jones & Company, Inc.

(END) Dow Jones Newswires

16-06-08 0532GMT