(MENAFN) The Royal Commission of Jubail and Yanbu (RCJY) plans to allocate USD17.99 billion for an expansion project in its industrial area by 2030, according to Arab News
The project aims to attract more industrial and commercial investments which will include 50,000 residential units
The company plans to establish a new finely-built city center for Jubail Industrial City to offer business and entertainment services
Ahmed Al-Balawi, RCJY's general director of technical affairs in Jubail and the forum organizing committee chairman, said: The new city center will feature the main buildings and centers of the big firms, area for central commercial business, centers for exhibitions and conferences, large shopping malls, hotels and luxurious apartments and the required facilities.
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