His Highness Chairman of the Royal Commission for Jubail and Yanbu, Prince Saud bin Thanyyan Al-Saud, has approved several industrial and commercial projects at a total cost of approximately SR. (1,286) billion.
On behalf of the Royal Commission in Jubail En. Abdulaziz N. Atarji, General Manager of Strategic Planning and Investment Development, signed yesterday, Tuesday morning, at the Visitor Center Building of the Royal Commission in Jubail a number of industrial and commercial projects.
The Royal Commission in Jubail entered into a number of industrial projects by allocating an industrial site to Sahm Steel Company project for producing reinforcement steel bars with an estimated capital of SR. (1.1) billion over an area of (141,457.6 m2).
This project will contribute to enhancement of the Kingdom's infrastructure projects by providing reinforcement steel by Sahm Company and world realize RC's strategy in the production of materials that depend on the raw materials available in the city through value-added projects.
The Royal Commission also signed a number of commercial projects by allocating a site for periodic inspection of vehicles to construct and operate vehicles periodic inspection station with a capital of SR (8,100,000) million and an area of (13,500 m2). Furthermore, two sites were allocated to build and operate two economy hotels to both, Abdul Mohsin Al Hokair Group for Tourism with an estimated capital of at 69 million with an area of 9,458 m2, and Abdulrahman bin Abdullah Al-Mousa Holding Co., with an estimated capital of more than SR. 74 million and an area of 10,000 m2.
These project will meet the citizen needs through the establishment of a vehicles periodic inspection station in Jubail Industrial City, which will serve neighboring areas as well that had the trouble of traveling to Dammam city previously for such purpose. In the meantime, building new hotels will provide accommodation to many industrial companies' staff and visitors that suit the standards of living in the city.
It is worth mentioning that the Royal Commission focuses on development projects that serve Jubail Industrial City in particular and the rest of the Kingdom's regions in general and pays more attention to projects that directly affect the lives of citizens and bolsters the availability of services required by citizens.