Economy

Saudi industrial program pumps $100bn into various sectors: Report

Follow-ups -eshrag News:

Thu, 2022-08-04 20:46

RIYADH: Since its inception in 2019, the Kingdom’s National Industrial Development and Logistics Program has invested around SR378 billion ($100 billion) until the end of 2021 in different sectors, according to its annual report.

The program aims to transform Saudi Arabia into a leading industrial power and a global logistics platform. It focuses on four main sectors: Industry, energy, mining and logistics.

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