KUALA LUMPUR: The MMC Corporation Berhad (MMC) has been awarded the rights to develop and manage the new Jizan Economic City (JEC) in Saudi Arabia together with The Saudi Binladin Group, according to an MMC statement.
MMC - a group of companies that invest heavily in transport, logistics, energy, utilities, engineering and construction sectors - received the letter of award from the Saudi Arabian General Investment Authority (SAGIA) at the launch of JEC by Saudi Arabia’s King Abdullah bin Abdulaziz Al Saud in Jeddah on Saturday.
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