The Royal Commission for Jubail and Yanbu (RCJY) President Khalid Al-Salem
The Royal Commission for Jubail and Yanbu (RCJY) has prepared the infrastructure of the economic center in Jubail Industrial City, in a bid to boom as a destination for wealth and business, President of RCJY Khalid Al-Salem said.
During the Municipal Investment Forum (Furas), Al-Salem explained that a number of investment opportunities have been provided in the city, varying between open and closed commercial complexes, international hotels as well as administrative, recreational and residential properties.
This is in addition to the investment opportunities available in Al Huwaylat Island, Al Tilal Park and others, the official pointed out.
He added that RCJY is in the process of launching a number of projects in Jazan City for Primary and Downstream Industries (JCPDI) in order to develop industrial, commercial and residential areas in the city and boast it as a promising destination for investment.
Meanwhile, Al-Salem noted that the commission invested nearly SAR 1 billion in Yanbu Industrial City to develop the 11-kilometer-long waterfront and attracted a number of recreational and service projects in addition to office spaces that will attract companies in the city, represented in 25 investment opportunities on an area of 128,000 square meters (sqm).
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