Saudi Minister inks SR250M industrial development

Saudi Minister of Trade and Industry Abdullah Ahmad Zainal Ali Reza has signed a SR250 million (US$66.64 million) development contract for Dammam third industrial city.
The General Manager of Saudi Industrial Property Authority (MODON) said that the new 48 million metres industrial zone is 25km from the second industrial south of Dammam city. He added that the new industrial zone will include oil industries, metal, automobile industries, building materials, as well as plastic and food.