Saudi Arabia: Production at Tabuk Cement and Hail Cement has risen supporting the construction of the Neom technology city project in the north of the country. Output from the producers has risen by 20% and 55% respectively year-on-year in the first half of 2018, according to Bloomberg. Both companies are located in the north of the country near to the project. Meanwhile, most of the other local cement companies have reported declining production. The Neom project has been backed with an investment of US$500bn.
Tabuk Cement and Hail Cement production rise supporting Saudi technology city project
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URL: https://www.globalcement.com/news/item/7849-tabuk-cement-and-hail-cement-production-rise-supporting-saudi-technology-city-project
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