Business & Money | Thursday 23 June, 2016 10:24 am |

Custodian of the Two Holy Mosques King Salman is scheduled to launch development projects worth SR5.102 billion in Madinah Thursday, during his second official visit to Madinah since his ascension to the throne.

These include projects in the health, education, cultural and services (electricity and water) fields. The projects have been set up with follow up by the Emir of Madinah Province Prince Faisal Bin Salman.

The monarch is slated to launch a number of new projects in the Islamic University at a total cost of SR843 million. They include sports halls, teaching staff housing, buildings for the Deanship for Admission and Registration, Deanship of Students Affairs, laboratories for applied and scientific faculties, a building for Islamic Research Center, a building for the Faculty of Arabic Language, several multistory car park buildings, the university’s gates and fences and development operations for the university’s infrastructure.

Among the package of development projects the King is expected to launch Thursday are education projects worth SR341 million. These include 45 education buildings. Of these, 25 are education projects for boys at a cost of SR174 million and 11 are education projects for girls at a cost of SR77 million. Aside from these, three education projects are in Al-Hinakiyah, three in Wadi Al-Far’ governorate, six new education projects in Khaibar and five others in Badr.

King Salman is scheduled to launch strategic storage projects worth SR235 million during his visit to the region. The projects have a water storage capacity of 3 million cubic meters. They are among the most important pillars and priorities for achieving water security and providing sufficient quantities of water to meet the consumption needs in the province. These will coincide with the launching of a series of water and sanitary drainage services projects.

The King will launch a package of projects worth SR693 million in Taibah University. They include higher administration buildings, community college and women students’ faculties in the university’s branches in Yanbu and Al-Ula.

The monarch will launch new services projects for Saudi Electricity Company in the province worth SR1 billion. They include a plant in downtown Madinah; transforming plants in Uhud, among others.

He is also scheduled to launch municipal projects worth SR1 billion.
The King will launch the 500-bed SR415 million Madinah General Hospital.