Saudi Arabia Industry Directory
Steel is considered as one of the major materials for Infrastructural development in any country. Considering the currently ongoing construction boom in the Kingdom of Saudi Arabia in general, and in the southern region in particular, the Pan-Kingdom Investment Company have taken a decision to establish a regional center for production of steel & allied products in the up-coming Jazan Economic City in southern province of Jazan. Work of creating this regional center shall be taken up stage-wise, against a total investment cost of approximately 10 Billion Saudi Riyals. Construction for first stage started in earnest during 2009, and Pan-Kingdom Company shall, by end of the financial year 2011, commission the first stage and commence supply of Steel Billets and constructional quality re-bars.
As part of the economic and social development program for the country, the Kingdom of Saudi Arabia has founded so-called "Economic Cities" which shall assist the further regional and industrial diversification of the Kingdom. Jazan Economic City (JEC) will offer much greater employment opportunities for the southwest region of Saudi Arabia through the establishment of a petrochemical and metallurgical complex.
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