Foundation stone laid for $880m Chinese LED project in Saudi Arabia’s Jubail
- Date: 04-Jul-2021
- Source: Eye of Riyadh
- Sector:Industrial
- Country:Saudi Arabia
Foundation stone laid for $880m Chinese LED project in Saudi Arabia’s Jubail
Chairman of the Royal Commission for Jubail and Yanbu, Abdullah Al-Saadan, laid the foundation stone for a SR3.3 billion ($879.8 million) factory to produce LED lighting lamps in the in Blaskim area in Jubail 2.
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The factory for China's Shengkong International Company for Industry is expected to create more than 4,000 jobs, SPA reported.