Saudi Al-Tuwairqi to invest 1 billion dollars in Yemen

摘要

Saudi Arabia's Al-Tuwairqi group confirmed on Tuesday it planned to invest 1 billion dollars in Yemen to build steel and power plants. Chairman Hilal Al-Tuwairqi told Reuters on the sidelines of a steel conference the Yemen steel plant would have a capacity of 5 million tonnes of liquid steel. "In addition to that, we will build a rolling mill which will produce 1 million tonnes of rebar annually," he said.