A monitoring and follow-up body for ongoing government projects in the capital has said that 740 government projects are being implemented at a total cost of SR 69.1 billion ($18.42 billion) for the utilities sector in Riyadh.
According to the designated body at the High Commission for Riyadh Development (HCRD) that works to monitor projects in the Riyadh province, it is currently implementing 3,088 projects across sectors at a total cost of SR 278 billion ($74 billion).
The HCRD annual report shows that the five largest projects lie in the construction sector. The 12th power plant is being implemented within a SR 6.5 billion contract, a water station project at Ras-Akhair shift to the region at a cost SR 5.85 billion and a project that will create a network of healthy drinking water is to cost SR 3.86 billion.
The first phase of the strategic plan for water is worth SR 1.86 billion and a project for developing electricity distribution networks was valued at SR1.47 billion.
The follow-up program body aimed at monitoring projects taking place in the province is to formulate a comprehensive vision for development. The body is also tasked with overcoming obstacles the process may face for regional development, in addition to being a tool to activate a regional plan for the area.
The body also prepares reports on the progress of work in the region and projects submitted periodically to the Riyadh Governor, Prince Khalid bin Bandar, who is also HCRD chairman and head of the Provincial Council.
Arab News
8 April
