Thursday 13 August 2020

$19.7bn Jeddah development projects on track

JEDDAH, January 24, 2016

The work on about 857 projects worth SR74 billion ($19.7 billion) earmarked for the Jeddah region of Saudi Arabia over the past number of years, is progressing well with some of them already completed, said a report.

Jeddah’s transport department has completed about 38 major projects over the past five years including underpasses and flyovers, while 23 projects are still under way, reported the Eye of Riyadh, citing a senior official.

Makkah Governor Prince Khaled Al Faisal said the Saudi Electricity Company had already completed 74 projects including building power stations in various parts of the city over the past five years.

Three major power generation plants and 71 transformer projects were implemented in the last four years, and approvals were given to another six power plants and 74 transformers, said the report.

Prince Khaled is set to launch the ambitious Jeddah Electronic Gate Services project this April, it added.

Jeddah Governor Prince Mishal Bin Majed pointed out that despite low oil none of the development projects had been postponed. In turn, the governorate was planning to launch new ones soon, he said.

All the development projects, including roads, sewage, electricity and education projects, will be completed on time and there will be no delay in their implementation, he added.

Tags: Saudi Arabia | Jeddah | development projects |

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