Saudi’s RCJY signs 5 investment agreements worth $11.5bln

Agreements inked with local companies to establish factories in Yanbu Industrial City and Ras Al Khair City; projects range from aluminium rolling to battery chemicals complex

Saudi Arabia's Royal Commission for Jubail and Yanbu (RCJY) signed five investment agreements totalling more than 43 billion Saudi riyals ($11.5 billion) for projects in Yanbu Industrial City and Ras Al Khair City for Mining Industries.

The announcements were made by RCJY on its twitter account and through state-owned news agency SPA. The agreements were signed in the side lines of Future Minerals Forum 2023 in Riyadh.

Projects in Ras Al Khair City for Mining Industries

Projects in Yanbu Industrial City

(Writing by Anoop Menon; Editing by Bhaskar Raj)

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