KSA to spend $12.5bn on Jeddah projects - report

Makkah governor says 42 Jeddah projects completed, 127 more underway

KSa is to spend $12.5bn on 127 infrastructure projects in Jeddah.
KSa is to spend $12.5bn on 127 infrastructure projects in Jeddah.

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Saudi Arabia says it will spend SAR47bn (US$12.5bn) on 127 infrastructure projects in Jeddah in a bid to transform the city into a regional hub, the governor of the kingdom’s Makkah province was reported as saying.

At a meeting of the Regional Council this week, Prince Khaled Al-Faisal said 42 projects have been completed and 127 projects are currently underway, the Saudi Gazette reported on Tuesday.

Al-Faisal was quoted as saying he believed the investment will transform Jeddah into a major city in the Kingdom and the region.

He added “a great deal of effort and money is going into the development of projects”.

However, Al-Faisal said there were still some issues with project delays to be worked out. “You saw last year and this year many road projects that were implemented. There are some problems which need solutions, such as cleaning and the vegetable market.”

The meeting also concluded a committee be set up to address issues within schooling, transportation, healthcare and water provision.

In order to complete these projects, the Jeddah Mayoralty says its needs more funding, the report added.
 

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