Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi- New industrial city in Dharma soon  Join our daily free Newsletter

MENAFN - Arab News - 13/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN - Arab News) Commerce and Industry Minister Dr. Tawfiq Al-Rabiah said yesterday that the government would provide all possible incentives to boost investment in the industrial sector.

Speaking to reporters after opening a number of projects at the Industrial City in Alkharj, he said: "Our industrial cities are attracting major industries."
Al-Rabiah, who is chairman of the Saudi Industrial Property Authority (Modon), visited a number of factories in the city.

Saleh Al-Rashid, acting director general of Modon, disclosed plans to establish a new industrial city in Dharma. "The new industrial cities in various parts of the country are attracting a large number of investors," Al-Rashid said.

He emphasized the industrial cities' role in strengthening the Kingdom's economy and creating more jobs for Saudis.

Located about 70 kms away from Riyadh, the Industrial City in Alkharj has 224 factories. Among them 84 have started production. The government has invested SR 522 million on the city's infrastructure projects.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help