Home GCC Saudi Arabia Saudi’s King Salman to announce $1.35bn of projects in Madinah The projects will cover healthcare, education, culture and electricity and water by Robert Anderson June 23, 2016 Saudi ruler King Salman is reportedly scheduled to launch projects worth SAR 5.102bn ($1.35bn) in Madinah on Thursday during his second official visit to the city since taking the throne. Saudi Gazette reports that the monarch will launch projects in healthcare, education, culture and electricity and water. These include a SAR 843m ($224.7m) university, with sports halls, staff housing, laboratories, an Islamic research centre, Arabic language centre and car parks. King Salman will also reveal projects worth SAR 693m ($184.7m) at Talibah University, with higher administration buildings a community college and female faculties in Yanbu and Al-Ula planned. In addition, a further SAR 341m ($90.9m) of education projects are expected to be announced including SAR 174m ($46.3m) on 25 projects for boys and SAR 77m ($20.5m) on 11 projects for girls. An additional three projects will be located in Al-Hinakiyah, three in Wadi Al-Far’ governorate, six in Khaibar and five in Badr, according to the publication. Elsewhere, will reportedly launch storage projects worth SAR 235m ($62.6m), including 3 million cubic metres of water storage and a series of water and sanitary drainage services. Several new projects for Saudi Electricity Company worth SAR 1bn ($266.6m) are also planned, with a plant in downtown Madinah and transforming plants in Uhud among those to be announced. Finally, the king is expected to unveil municipal projects worth SAR 1bn and the 500-bed SAR 415m ($110.6m) Madinah General Hospital. 0 Comments