Saudi Arabia launches world’s largest mining project « ASHARQ AL-AWSAT:
"Riyadh, Asharq Al-Awsat—The world’s largest mining project, the King Abdullah Wa’ad Al-Shamal City, officially launched on Tuesday, drawing in some 36 billion Saudi riyals (9.6 billion US dollars) in investments and agreements.
The agreements included deals to construct a number of factories and roads, as well as a 1,000-megawatt power plant at the city, which will be used to exploit gas and phosphate reserves in the under-utilized Northern Borders region, which is also the Kingdom’s most underpopulated.
Prince Abdullah Bin Abdulaziz Bin Mesa’id, who oversees the region, said it would create investment opportunities for residents, contributing to its stability and development."
'via Blog this'
No comments:
Post a Comment