Modon to spend SR2 billion on new infrastructure

RIYADH Modon, Saudi Arabia's industrial development agency, plans to spend SR2 billion on new infrastructure projects this year, Director-General Tawfiq Al Rabiah said. It also plans to give loans to encourage development outside the cities of Jeddah, Riyadh and Dammam.

 

Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.