Deputies of the two saint mosques, King Salman bin Abdulaziz Al Saud, is launching the first phase of the $ 55 million industrial project of Waad Al-Shamal in the province of Tarif in the presence of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Deputy Prime Minister and Minister of Defense . Billions of rivals and builds the cornerstone of projects and facilities of the second phase of the city worth 30 billion rials during their visit to the northern border area.
Minister for Energy, Industry and Mineral Resources; Khalid Al-Faleh, the Royal Depositary of the two Saints' mosques, said that the efforts made by the Depositary of the Two Holy Mosques and His Majesty the Crown Prince preserved the development process in the kingdom and further strengthened the national economy in line with the vision of 2030.
"The Royal Approach to the Development of National Industry and Logistics, which is one of the most important programs for the realization of Saudi Arabia's 2030 vision, is to open the construction of industrial construction to a new stage of sustainable development, economic prosperity and diversification of income sources. industry, that the kingdom is working to save the petroleum and petrochemical industry from becoming the third pillar of the Saudi economy, "he added," the promise of the North "will also be the starting point for promoting the Tsadah Renaissance and the northern border social area.
He emphasized that the support of the mining, industry, energy and logistics sectors, the four major sectors in the national industrial development and logistics program through integrated economic development projects and balanced development spending, reflects the persistence of wise leadership – "The City of Promising Industrial North" will be a key pillar the forces of the national economy to ensure the achievement of the required development goals. He emphasized that the introduction of the "Northern Pledge" reflects wise policies, initiatives and ambitious programs based on the idea of the Kingdom of 2030. The city translates the national industrial development and logistics agenda by allowing the logistics, energy, mining and industrial sectors to achieve the greatest economic impact. , When does the program seek to contribute to the GDP of one trillion and two hundred billion rivals and provide 1.6 million jobs, besides attracting investments estimated at one trillion and 600 billion rials by 2030.