Investments in the industrial cities of Jubail and Yanbu, overseen and developed by the Royal Commission for Jubail and Yanbu (RCJY), are moving ahead for expansion and development that are certain to further alter Saudi Arabia’s industrial landscape and generate employment for its growing population of educated youth.
Jubail-based Dresser Al-Rushaid Valve and Instrument Co Ltd, (Darvico), has embarked on an expansion plan at its Jubail facility to achieve a capacity expansion in the wake of the growth in demand for its products and services.
L&T Valves Arabia, a wholly-owned subsidiary of L&T Valves, is setting up a new manufacturing facility in Saudi Arabia, making a key addition to the company’s global manufacturing network that comprises facilities in Houston (US), and Coimbatore and Kancheepuram (India).
Saudi Ports Authority’s (Mawani) board of directors approved reducing its handling charges and marine service fees for container vessels at King Fahd Industrial Port in Yanbu by 32 per cent to 57.5 per cent, Saudi Press Agency (SPA) reported.