SR 31-million Dammam industrial park contract signed

A second industrial park will be connected to an existing project in Dammam. A SR 31 million contract has been signed with a Saudi company by Tawfiq Al-Rabiah, minister of trade and industry, and the chairman of the Industrial Parks Commission (IPC) for the project.
Saleh Al-Rashid, director general of the IPC, who was present on the occasion, said the project would be completed within 10 months.
It involves work to construct a three-lane road in each direction, as well as lighting and concrete protection for the desalination water pipeline.
The total area of the second industrial park in Dammam, strategically located close to the Dhahran-Hofuf Highway, is around 48 million sq. meters. It is situated close to the production sites of raw materials such as petroleum derivatives. It is also close to the Dammam port and the investors’ service center.
The Industrial Parks Commission, established in 2001, is charged with developing industrial lands and attracting private sector investors. It has established a number of industrial parks in the Kingdom and is developing a number of other promising parks. It now supervises 29 industrial parks that are either complete or still under construction.
The commission hopes that there will be 40 industrial parks by 2015 built on developed land spanning a total area of 160 million sq. meters.