$67m contract for Dammam's third industrial city
Contract for 480ha city will stretch 24 months, first of a series
A $67m contract to develop a third industrial city in Dammam, Saudi Arabia has been signed by Abdullah Zainal Alireza, Minister of Commerce and Industry and Modon chairman.
The 480ha industrial city is located south of Dammam on Abqaiq road, 25km away from Dammam’s second industrial city. The duration of the project is 24 months.
Modon DG Tawfig Alrabiah said the contract was the first of a series of deals for the development of the industrial city. Modon currently oversees three industrial cities in the Eastern Province.
The project includes networks of roads and sidewalks, lighting and electricity, flood drainage and service lines. Dammam’s third industrial city will cover such sectors as the petro-chem, metals, plastics, vehicles and building materials markets.