Maaden obtains approvals to create mining project in Northern Province

20/02/2012 Tadawul

The Council of Ministers in its meeting on Monday 28/03/1433 AH corresponding to 20/02/2012 adopted the following relevant resolutions: 
First 
To establish an industrial city by the name of North Promise Industrial Mineral City for Mining Industries in the Northern Boarder province of Saudi Arabia, including necessary infrastructure required for the industry as well as social facilities to make it attractive to downstream industries investments and allocate necessary funds. 
Second 
Allocation of an area of (290 km2) two hundred and ninety square kilometers to build the City mentioned above in Item 1, also allocation of an area of (150 km2) one hundred fifty square kilometers for Maaden phosphate project and other related projects at Umm Waal area. 
Third 
Public Investment Fund and the Saudi Railway (SAR) to construct a railway line to link North Promise Industrial Mineral City with North-South Railway and provide it with appropriate wagons for the freight of phosphoric acid, sulfur and other products to and from the city and also a railway station for passengers in the city. 
Fourth 
Allocation of funds to the Saudi Electricity Company to connect the city with the High Voltage power grid, including the transfer stations. 
Fifth 
Authorizing the Saudi Port Authority to establish three berths at Ras Al Khair Industrial Port to serve the project

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