Jubail & Yanbu Review 2019

Work on SR10bn projects starts

Power and Water Utility Company for Jubail and Yanbu (Marafiq) has embarked on the implementation of a series of mega projects at an estimated cost of SR10 billion, local media reported.

Al-Riyadh daily says costs of the projects to be undertaken by Marafiq in Jubail and Yanbu were estimated at SR2.30 billion and SR7.65 billion respectively, the media says.

In Jubail, Marafiq will build a water desalination plant based on reverse osmosis system (ROS) costing SR850 million for Sadara Chemical Co., a joint venture between Saudi Aramco and US-based Dow Chemical, at Jubail Project 2. The plant will serve one of the biggest petrochemical complexes to be built and run by Sadara whose cost stands at SR75 billion.

Marafiq also has embarked on the implementation of other projects in Jubail, including a ROS-based desalination plant (4) at the cost of SR372 million, expansion of a water pump station at SR120 million, construction of a new water pump station at Matarafiyya area at SR100 million, a rent-to-own housing program at SR420 million, and the company’s HQ project at the cost of SR140 million.

The new expansion projects are says to have come in response to the requirements of the new and existing petrochemical companies in Jubail, which are implementing works at the cost of SR33 billion, of which SR10.15 billion projects represent the share of private sector firms.

The Saudi Arabian Basic Industrial Corporation (Sabic) is reportedly implementing new projects at the cost of SR22.96 billion, including an industrial rubber project.

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