KSA signs $131m Chinese deals
Contracts are for the implementation of infrastructure projects in industrial cities
China National Chemical Engineering Company will build a housing complex in Ras Al Khair Industrial City.
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Saudi Arabia’s Royal Commission for Jubail and Yanbu has awarded two contracts worth a total of $131.19m to two Chinese firms, it was announced on Saturday.
According to a report by Arab News, the contracts are for the implementation of infrastructure projects in Jubail and Ras Al Khair industrial cities.
China Communications Construction Company (CCCC) was awarded the first contract, which is for the construction of a booster unit to enhance pumping capacity at a seawater cooling network and all related facilities for the industrial area in Phases three and four of the Jubail 2 project.
The second contract was signed with China National Chemical Engineering Company (CNCEC) for the implementation of a housing complex in Ras Al Khair Industrial City.
The complex will include facilities such as a mosque, service workshops, warehouses, a dining hall and management and security buildings.
