VOL. XXXI

NO. 43

1-AUGUST-1988

SAUDI ARABIA

Saudi License for NIC Steel Foundry

According to the Chairman of the National Industrialization Company (NIC) ofSaudi Arabia Dr. Mahsun Jalal, NIC's plans to build a 12,000 ton/year steelfoundry in Dammam have moved a step forward with the recent issue of a licensefor the project by the Saudi Ministry of Industry and Electricity. Thefeasibility study for the SR117mn ($31mn) project was prepared by a consortiumof Belgian companies led by...