Last Tuesday, the Royal Commission in Jubail approved many industrial projects in Jubail Industrial City amounting to SR (317) million over an area of approximately (67,650) square meters. On behalf of RCJ, General Manager of Strategic Planning and Investment Development, En. Abdulaziz N. Atarji signed the contracts with representatives of (6) companies..
These projects are Sadara Chemical Company Project to construct and operate a facility to distribute ethylene oxide and propylene oxide in Blaaskeem area in Jubail 2,
Tamam Projects Company project to construct a project for producing Ultrasonic Diagnostic Devices and Oil Tanks Inspection Devices,
Suadi Daz Limited Company project to construct Electric and Electronic Waste Recycling plant.
Ezdan Holding Group project to produce drilling heads for oil and gas equipment,
Industrial Support Future Holding Factory project to produce plastic and hydraulic hoses, connections and accompanying services, and Control and instrumentation Limited project to produce elbows and valves for controls devices.
It is worth mentioning that one of the projects approved by RCJ is the construction of a distribution plant for ethylene oxide and propylene oxide which is the first one in the construction of Etho-Ksilt industrial complex which incorporates many industries to produce materials to be used in oil production industry, consumables –detergents, paints…etc. Moreover, the availability of modern automatic technology to inspect petrochemical tanks and pipes is considered a modern technological leap in KSA. Also, the expansion of downstream industries such as the production of plastic pipes, hydraulic hoses and a vehicles service complex for car services. The Electric and Electronic Waste Recycling Project is the first of its kind in Jubail Industrial City and a new field in waste recycling after the Royal Commission’s success in the petrochemical waste recycling which is now considered one of the most attractive investment opportunities for capital and a step in the field of industrial sustainability.
The approval of these projects come in line with the RCJ’s attitude to activate industrial investments, diversification of sources of income, and provide job opportunities in line with the country’s guidelines in this regard. It is noteworthy that RC for Jubail and Yanbu is keen to update the investment mechanism for their cities and that shall allow investors to access the targeted industrial projects opportunities. Moreover, the RC has developed a criteria for accepting value-added industrial activities , achieving high rates of Saudization, having no negative impact on the environment, and optimizing the use of land, as well as taking advantage of the available infrastructure.