Industry and Commerce Minister Dr. Hassan Fakhro presided over a meeting to review the latest update on the economic city project in a presence of representatives from Arthur D. little, a company charged preparing the study, in addition to a number of officials involved in the industry sector of the Ministry of Industry and Commerce.
The study and setting up new industrial economic city comes from the directives of His Majesty the King, where the Minister prepared it in coordination with Arthur D. little company.
The study puts all the requirements and arrangements related to this project within an integrated vision includes the cost and land space required and other detailed matters to ensure that achieve the vision of His Majesty the King to develop this huge city.
It should be noted that the new economic industrial city aims primarily to develop kingdom economically and enable them to compete internationally in attracting foreign capital and investment by creating the infrastructure with a high level and develop regulations.