Alkhorayef says Jazan City for Primary & Downstream Industries has over SAR 85 bln investments

Jazan City for Primary & Downstream Industries (JCPDI) currently has investments worth over SAR 85 billion, with many industries contributing to create a distinct concept of investment in the region and maximizing the benefit of its fundamentals, according to Bandar Alkhorayef, Minister of Industry and Mineral Resources and chairman of the Royal Commission for Jubail and Yanbu.

During an inspection tour of a number of infrastructure projects in the city, Alkhorayef said that the Royal Commission is renewing its support for basic and manufacturing industries, Saudi Press Agency (SPA) reported.

He also indicated that the existence of a fully serviced industrial city, with infrastructure and logistics services - the size of JCPDI - will contribute to exploiting the comparative advantages enjoyed by the region and maximizing its economic presence.

Alkhorayef added that the investment opportunities offered by the city will contribute to the development of the region and create appropriate job opportunities for its citizens.