RCJY to invest SAR 600 mln in pharmaceuticals, manufacturing

01/01/2018 Argaam

 

The Royal Commission for Jubail and Yanbu (RCJY) is expected to unveil within the next two weeks additional investments at SAR 600 million, Mosleh Al Otaibi, the commission’s chairman, told Argaam on Monday.

 

The new investments will target manufacturing and pharmaceutical industries as well as support for small-and-medium enterprises (SMEs).

 

Last week, the RCJY injected nearly SAR 1.08 billion into various infrastructure projects in both cities.  

 

The commission will continue to provide attractive investment environment to empower all investors and help them cut costs, Al Otaibi added.

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