|
|
Article: Saudi Arabia: Saudi Industrial Property Authority (MODON) signs (5) industrial project contracts in Dammam 2nd industrial city.
- Article from:
- TendersInfo
- Article date:
- January 2, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: pinto03
Saudi Industrial Property Authority (MODON) signed 5 land allocation contracts for investment projects with total cost reaching 420 million riyals(USD 112MN) in Dammam 2nd industrial city. Dr. Tawfig Bin Fawzan Alrabiah, the Director General of Saudi Industrial Property Authority (MODON) signed yesterday the contracts, in the presence of Corporate Directors.
The first contract was signed with the Saudi German Plastics Manufacturing Company. The project is to be implemented on an area of 21,000 square meters with an investment value amounting to 176 million riyals(USD 47MN) to produce twisting plastic pipes for the purpose of sanitation, ...