RIYADH: According to its annual report, Saudi Arabia’s Royal Commission for Jubail and Yanbu stated that by the end of 2025, overall investments in its industrial cities would surpass SR1.5 trillion ($400 billion).
The expansion highlights the commission’s crucial role in facilitating the National Industrial Development and Logistics Program, or NIDLP, which seeks to establish the Kingdom as a global center for industry and logistics by expanding the industrial, mining, energy, and logistics sectors and improving their integration and appeal to investors.
The figure illustrates the extent of investments and how the authority’s efforts are in line with the goals of the National Industrial Strategy, which aims to strengthen the competitiveness of the country’s economy and increase the contribution of the non-oil sector to economic growth by expanding the production base, maximizing value addition, and developing national industries.
The Royal Commission was established in 1975 with the goal of transforming Jubail and Yanbu into integrated industrial cities that would use hydrocarbon resources to generate downstream petrochemical and manufacturing ecosystems backed by ports, infrastructure networks, and industrial services.
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