Real estate owners that are involved in Saudi Arabia’s Neom project will be financially compensated by the National Program for Community Development, Saudi Press Agency (SPA) reported on Friday.
Vast wealth and the promise of dramatic change make for cautious optimism concerning Saudi Arabia, the chief executive…60 Views | the publication reaches you by | Saudi Arabia Today
The announcement comes after the program said it was halting inventory work in April and compensation would be paid in record time, and before the period specified in the program’s planned schedule.
“This is to ensure that recipients are compensated in successive installments as soon as possible,” the program said in a statement on SPA.
and took all precautions to ensure the safety and health of the citizens and workers in the program.
It also said it will provide additional financial subsidies to the residents of centers of the first stage of Neom, in addition to a set of social and economic packages that will contribute to improving their standard of living.
“This is in accordance with development plans, and in coordination with the relevant government agencies, and the packages will be announced at a later stage,” the statement added.
The project for the design, engineering and procurement of the new 400,000m3/day Jubail II seawater reverse osmosis (SWRO)…68 Views | the publication reaches you by | Saudi Arabia Today
Do you have information you want to reach our readers?