01 December 2018

Saudi King Salman has embarked on a massive development mission launching projects worth SR16.5 billion ($4.4 billion) mainly focusing on the key sectors of housing, road, tourism, water, electricity and public utilities, reported the SPA.

The projects were unveiled last month at Qassim in the presence of Crown Prince Muhammad bin Salman, Deputy Premier and Minister of Defence.

King Salman launched more than 600 development projects across the kingdom.  These included a total of 402 projects worth SR12.15 billion which were inaugurated, and 199 projects costing SR4.2 billion for which the Saudi King laid the foundation stone. These projects cover the areas of education, housing, road, environment, tourism, water, electricity and public utilities.  

• $23bn Waad Al Shamaal mining city inaugurated
• $4.4bn projects launched
• $585m spend on road safety
• Naming rights for metro stations raise $279m
• Kingdom to set up 16 nuclear research reactors
• Plan to build 19,000 homes unveiled
• Region’s first 3D printed house completed in Riyadh
• In Brief

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