Browse
related articles
Saudi Arabia plans new industrial city
- Saudi Arabia: Sunday, September 02 - 2012 at 11:14
The Saudi industry minister Tawfiq Al-Rabiah has announced plans to build a new industrial city in Al-Khafji, Arab News has reported. The new 30 million sq m city would draw investments worth SR2bn, he said. "Talks are underway with Kuwaitis who want to shift their industries to Al-Khafji," he said, adding that 20 Kuwait industries, with a total investment of more than SR100m have already been shifted to the city. "Al-Khafji is an oil city on the kingdom's east coast with good infrastructure facilities and it is easy to get feedstock required by industries. A port can be established there to export products to international markets," he said.
Related Content
Article Options
StaffSunday, September 02 - 2012 at 11:14 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.
Disclaimer »
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AMEinfo.com Web site does not constitute advice or a recommendation by Mediaquest FZ LLC and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AMEinfo.com Web site.
Mediaquest FZ LLC can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AMEinfo.com Web site nor do opinions of contributors necessarily reflect those of Mediaquest FZ LLC.
In no event shall Mediaquest FZ LLC be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AMEinfo.com Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
