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$3.9bn development projects under way in Saudi Arabia

RIYADH, February 7, 2018

The Saudi government is working on SR14.6 billion ($3.89 billion) worth of development projects including a new airport besides the Souk Okaz City as well as an industrial city in the Makkah province of the kingdom, along with other road, water and electricity projects, said a report.

The projects, coming up in the governorates of Taif, Mawiyyah and Meesan include New Taif costing a total of SR11 billion, SR899 million worth of road networks, SR1.8 billion water projects, SR500 million health faciliities, SR1.4 billion electricity projects and SR100 million education facilities, reported Saudi Gazette, citing Prince Khaled Al Faisal, emir of Makkah.

He was chairing the first meeting of the newly constituted local councils of the three governorates in Taif on Tuesday.

Work is progressing well on top-priority projects such as new Taif International Airport, Okaz City, Technology Oasis, residential suburb, industrial city and university city, he added.




Tags: Saudi Arabia | development projects |

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