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(SABIC announces approval to build more than 10,000 housing units in Jubail

SABIC

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SABIC announced that its Board of Directors has approved the implementation of the residential project for the company's Saudi employees in the Mutrifiya neighborhood in Jubail Industrial City, where the signing ceremony of contracts for the construction and implementation of the project took place yesterday, Wednesday, at the company's branch in Jubail Industrial City, with a group of contracting companies.

On this occasion, His Royal Highness Prince Saud bin Abdullah bin Thunayyan Al Saud, Chairman of the Royal Commission for Jubail and Yanbu and Chairman of the Board of Directors of SABIC, emphasized that this housing project is the largest in the history of SABIC and is an extension of the company's projects in the Kingdom, which totaled 10,651 housing units, and pointed out that these projects emphasize that human wealth is the real wealth of the company, its capital and its tributary to the development of all other natural and material wealth, which our wise national leaders have always stressed on all occasions.

On this occasion, Prince Saud bin Abdullah bin Thunayyan stressed that this project is the largest housing project in the history of the company, which is an extension of the company's projects in the Kingdom, in which the number of residential units reached (10651) housing units in the Kingdom. Yousef Al-Benyan, CEO of SABIC, emphasized that the project will be a great leap forward for the region and enhance its urban renaissance led by the Royal Commission for Jubail and Yanbu.

For his part, SABIC CEO Yousef Al-Benyan emphasized that the project will be a great leap forward for the region.