Ambitious investment plans for Jeddah revealed

Jeddah seeks to become an important economic hub in the Middle East.
Saudi arabia, NEWS

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The Jeddah Chamber of Commerce and Industry (JCCI) has launched a campaign for the development of warehouses and the construction of two business centres in a bid to enhance opportunities for Jeddah's business community. 

"Construction work on the two business centres is slated to begin in coming weeks," said Mazen Batterjee, vice chairman of the JCCI.

Adnan Mandoura, JCCI secretary-general, said the warehouses will serve dealers and manufacturers, and provide job opportunities, in addition to supporting small and medium-sized enterprises (SMEs).

Batterjee confirmed continuous support for investment projects that will transform Jeddah into an important economic hub in the Middle East.

"There are several giant development projects that will bridge gaps between businessmen and development," he commented. 

"One such project is the construction of new hotels by 2017.

"Saleh Kamel, chairman of the board of directors, signed the agreement for the construction of two business centers at the end of Ramadan and held a series of meetings ahead of construction work.

"The JCCI achieved great success in recent years by organising festivals, exhibitions, the Jeddah Economic Forum and a large number of events on important occasions."

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