ECONOMY

Saudi King Salman inaugurates New Taif projects

The King was briefed on the New Taif projects by Advisor to Governor of Makkah Region Dr. Saad Mohammad Mareq. (SPA)

Saudi King Salman bin Abdulaziz Al Saud inaugurated has announced the inauguration of the New Taif projects including the new Taif airport, Souq Okaz City, the oasis of technology, the residential suburb, the industrial city and the university city.

The King was briefed on the New Taif projects by Advisor to Governor of Makkah Region Dr. Saad Mohammad Mareq on Sunday.

Mareq pointed out that the New Taif is located north-east of the current city of Taif on an area of about 1250 square kilometers and its total costs are estimated at about SR 11 billion.

King Salman launched the new projects of the New Taif by saying “With the blessing of Allah, we endorse in principle and in accordance to the capacities and available and accredited fiscal funds, praying Almighty to grace these projects with munificence and good returns”.

The ceremony was attended by Prince Khaled Al-Faisal, Adviser to the Custodian of the Two Holy Mosques, Governor of Makkah Region and Chairman of Taif Development Supreme Committee; Prince Sultan bin Salman bin Abdulaziz, President of the National Commission for Tourism and National Heritage, Prince Dr. Turki bin Saud bin Mohammed, President of King Abdul Aziz City for Science and Technology (KACST); Prince Abdulaziz bin Saud bin Naif bin Abdulaziz, Minister of Interior; Prince Abdullah bin Bandar bin Abdulaziz, Deputy Governor of Makkah Region, and a number of ministers.

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Last Update: Sunday, 1 October 2017 KSA 17:35 - GMT 14:35
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