The Saudi Sadara Petrochemical Company has announced 20 investment opportunities for Saudi investors, the size of which ranges between 50 and 80 million dollars per opportunity.
Samsami Amin, Director of Corporate Communications at Sadara, stated that the company will present these opportunities tomorrow, Tuesday, at the Eastern Chamber of Commerce and Industry, and similar meetings will be organized to present investment opportunities in front of investors. Saudis in Riyadh and Jeddah, adding that there are 20 investment opportunities, but one opportunity may be multiple and attract more than one investor at the same time.
Amin also pointed out that the size of one opportunity may reach $ 500 million, as he confirmed the establishment of a Saudi-Korean alliance to invest in Sadara products, and investments are expected to be In the Plas Kim area, which is the manufacturing area adjacent to the Sadara complex, it may depend on providing raw materials from Sadara and manufacturing at any location.
The director of the Corporate Communications Department at Sadara pointed out that the investment opportunities offered depend on modern and accurate industrial technologies, so the size of these opportunities reaches $ 80 million. >
It is mentioned that, the Place Kim complex is a world-class complex for chemical and manufacturing industries, and is the result of a joint cooperation between Sadara and the Royal Commission for Jubail and Yanbu, and attracts the Place Kim area located on an area of 12 Square kilometers next to the Sadara industrial complex in the industrial city of Jubail, investments in chemical and manufacturing projects that are based on the use of Sadara products directly, or that include other raw materials that are supplied from other existing projects. P>
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