Investors briefed on Jubail and Yanbu industrial potentials

Investors briefed on Jubail and Yanbu industrial potentials
Updated 05 December 2013

Investors briefed on Jubail and Yanbu industrial potentials

Investors briefed on Jubail and Yanbu industrial potentials

The Royal Commission for Jubail and Yanbu (RCJY) organized an investment forum for businessmen in Dubai on the sidelines of a recently-concluded conference of Gulf Petrochemicals and Chemicals Association (GPCA).
The RCJY team was led by Royal Commission of Yanbu (RCY) CEO Ala bin Abdullah Nasif and other senior members of the RCJY.
Two presentations were offered during the briefing where the first was centered on the RCJY three industrial cities — Jubail, Yanbu and Ras Al-Khair, whereas the second dealt with the industrial investments available in the said cities. This was followed by an open discussion with businessmen who were representing 60 firms in the GCC and other countries.
The forum comes in the context of the RCJY’s keen concern over the activation of investment activities, attraction of new investors and provision of consultancy services to the investors.
On the other hand, Nasif on Wednesday opened a workshop for qualification of engineering offices in Yanbu Industrial City in the presence of representatives of engineering offices Kingdom-wide.
He said the workshop was aimed to brief the attendees on the technical and administrative regulations and measures adopted by the RCJY on supervisory and design criteria for the private sector works in its industrial, commercial and entertainment projects and those issues related to pre-qualification of engineering offices.
Nasif said the workshop would contribute to acquaint the attendees on the RCJY’s standards, how to realize joint goals, attain the required growth rate for the industrial city and build an industrial data base for the industrial sector in the city.
The workshop was also meant to keep projects of the added value to the city, set up new industries and ensure quality and safety in implementing projects in the city, he said.