Public Investment Fund to provide loans worth SR11.75 bln for 4 projects

At a meeting of the fund's board of directors, Saudi Arabia's state-owned Public Investment Fund (PIF), decided to provide loans worth SR11.75 bln to four strategic projects including petrochemical plants. Saudi Kayan Petrochemical Company will receive a loan of SR4 bln to establish a petrochemical complex in Jubail. The Saudi-European Petrochemical Company will get SR750 mln to carry out an expansion project. National Chevron Philips Company will be given a loan of SR3 bln to finance its petrochemical project in Jubail. Maaden's phosphate project will receive a loan of SR4 bln.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha