Bloomberg News

Saudis to Build New Industrial City for Women, Eqtisadiah Says

August 07, 2012

Saudi Arabia will build an industrial city in the Eastern city of Hafuf that will mainly employ women, al-Eqtisadiah reported, citing Saleh al-Rasheed, acting director general of the industrial cities authority.

The new city is under design and construction will be tendered next year, al-Rasheed told the newspaper. The city is expected to attract 500 million riyals ($133 million) in investments and it will create 5,000 jobs for women in industries such as textiles, pharmaceuticals and food processing.

To contact the reporter on this story: Wael Mahdi in Manama at wmahdi@bloomberg.net

To contact the editor responsible for this story: Maher Chmaytelli at mchmaytelli@bloomberg.net


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