Foundation stone laid for $880m Chinese LED project in Saudi Arabia’s Jubail

Chairman of the Royal Commission for Jubail and Yanbu; Abdullah Al-Saadan; laid the foundation stone for a SR3.3 billion ($879.8 million) factory to produce LED lighting lamps in the in Blaskim area in Jubail 2. The factory for China’s Shengkong International Company for Industry is expected to create more than 4;000 jobs; SPA reported. The...

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