Saudi King launches 151 projects in northern Saudi Arabia worth $3.2 billion

Saudi Arabia’s King Salman bin Abdulaziz has launched on Tuesday 151 projects in the northern region of Tabuk at a cost of 11.84 billion Saudi riyals ($ 3.16 billion).

This came according to a statement by the Prince of the region of Tabuk Fahd bin Sultan bin Abdulaziz, reported by Saudi news channel Al-Ekhbariya (governmental).

The most notable projects have been launched for the Ministry of Energy, Industry and Mineral Resources. These projects are worth 4.94 billion Saudi riyals ($1.3 billion).

Saudi papers: Turkey allowed Khashoggi to die so it could ‘control Islamic world’

There have also been 11 projects for the Saudi Commission for Tourism and National Heritage, 69 projects for the Ministry of Municipal and Rural Affairs, 21 projects for the Ministry of Environment, Water and Agriculture, 16 projects for the Ministry of Transport, 18 port projects, as well as housing and education projects.

This came during the second internal visit of the Saudi King since his ascension to his position in 2015.

King Salman had visited Ha’il and Al-Qassim two weeks ago, as part of his first internal visits since his ascension to his position. During his first visit, King Salman had launched 259 projects in the northern region of Ha’il at a cost of 7 billion Saudi riyals ($1.9 billion) and 600 projects in the central region of Al-Qassim worth 16 billion Saudi riyals ($4.3 billion).

Government spending of Saudi Arabia, the world’s top oil exporter, has risen by 25 per cent on a yearly basis to 712.1 billion Saudi riyals ($189.9 billion) in the first nine months of 2018.