Jubail: The Royal Commission for Jubail and Yanbu (RCJY) in Saudi Arabia has announced a substantial milestone, revealing that investments in its industrial cities have surpassed SAR1.5 trillion by the end of 2025. This announcement highlights the significant economic development within the Kingdom's industrial sectors.
According to Bahrain News Agency, this achievement underscores the RCJY's pivotal role as a catalyst in the National Industrial Development and Logistics Program. This program is a strategic initiative aimed at establishing Saudi Arabia as a premier industrial power and a global logistics hub by fostering growth across the industry, mining, energy, and logistics sectors.
The increase in investments also aligns with the objectives of the National Industrial Strategy. This strategy is focused on nurturing national industries, maximizing added value, and broadening the production base. These efforts are designed to enhance the Kingdom's economic competitiveness and boost the contribution of the non-oil sector to the nation's overall economic growth.