The Royal Commission in Yanbu signed today, an investment agreement with a national company for steel industries; To establish a factory to produce wind power generation towers, with a value of 145 million riyals.
The company indicated, according to the Saudi Press Agency (SPA), that the plant is expected to start commercial production by the end of the second quarter of 2023.
And she indicated that this step comes as part of the Royal Commission's endeavor to diversify investment in Yanbu Al-Sinaiyah in order to achieve the Kingdom's Vision 2030.
She also pointed out that this industry is a qualitative addition to the industrial city of Yanbu.
