The Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed a contract with Welspun Middle East Pipes to allocate 493,000 square meters of industrial land in Dammam’s Third Industrial City for the local production of ductile pipes used in water transmission projects.
The project, involving an investment of SAR 400 mln (USD 106.5 mln), will have an annual production capacity of 300,000 tons.
1 USD / 3.75 SAR