Saudi-Malaysian-Chinese consortium launches SR600m project in Jazan

A consortium of Saudi-Malaysian-Chinese companies has laid the foundation stone for the first glass factory in Jazan with investments worth SR600 million, local media said.

Chairman of the Malaysian Centre and CEO of the Saudi Malaysian Industrial Development Holding Company (Smiko), Rashid Osman Jawhar, said the project will initially cover an area over 150,000 square meters.The project will initially employ 200 workers where the rate of Saudis will reach 50 percent in the first three years and will rise gradually, he said.Read more here.A consortium of Saudi-Malaysian-Chinese companies has laid the foundation stone for the first glass factory in Jazan with investments worth SR600 million, local media said.  

Chairman of the Malaysian Centre and CEO of the Saudi Malaysian Industrial Development Holding Company (Smiko), Rashid Osman Jawhar, said the project will initially cover an area over 150,000 square meters.

The project will initially employ 200 workers where the rate of Saudis will reach 50 percent in the first three years and will rise gradually, he said.

Read more here.

600450 Saudi-Malaysian-Chinese consortium launches SR600m project in Jazan glassonweb.com
Date: 23 September 2013
Source: www.arabnews.com

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