King Abdullah Economic City (KAEC) announced on Wednesday several investment agreements worth a total of SAR 2 billion, Alriyadh daily reported.
One of the deals was inked between the General Customs Authority and the Economic Cities Authority (ECA) to build a deposit and re-export zone in KAEC.
Other deals included the establishment of an auto racing circuit at Lagoona and Marina Dreams, an agreement to build a gas station, and one to expand the Industrial Valley.
KAEC also signed agreements in the real estate development, tourism and leisure sectors, it was reported.
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