Steel is considered as one of the major materials for Infrastructural development in any country. Considering the currently ongoing construction boom in the Kingdom of Saudi Arabia in general, and in the southern region in particular, the Pan-Kingdom Investment Company have taken a decision to establish a regional center for production of steel & allied products in the up-coming Jazan Economic City in southern province of Jazan.
Work of creating this regional center shall be taken up stage-wise, against a total investment cost of approximately 10 Billion Saudi Riyals. Construction for first stage started in earnest during 2009, and Pan-Kingdom Company shall, by end of the financial year 2011, commission the first stage and commence supply of Steel Billets and constructional quality re-bars.
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