Private sector invests SAR 32B in Jazan City for Industries: Minister

11/12/2023 Argaam

Private sector invests SAR 32B in Jazan City for Industries: Minister

Minister of Industry and Mineral Resources Bandar Al-Khorayef

The volume of private sector investments that have been approved in Jazan City for Primary and Downstream Industries exceeded SAR 32 billion, Minister of Industry and Mineral Resources Bandar Alkhorayef said.

 

During the award ceremony of capital projects in the city, he revealed that projects worth SAR 10 billion are being negotiated with a number of potential investors.

 

According to data available in Argaam, Prince Mohammed bin Nasser bin Abdulaziz, Emir of the Jazan Province, inaugurated the award of capital projects to the Jazan City for Primary and Downstream Industries for 2023, which included 53 projects with diverse goals and outcomes at a cost exceeding SAR 9 billion.

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