2 of 4
BACK NEXT
Jazan Economic City
Jazan Economic City
Chalco, the Chinese aluminum company, and the Saudi Bin Laden Group plan a $3 billion smelter here to help create 500,000 jobs. Jazan will also attempt to build Saudi industries in silicon processing, agri-technology, textiles, food processing, and pharmaceuticals. However, it won't be all work and no play for the people of Jazan: A crescent-shaped colony of waterfront villas will line the city's western region.

NEXT: Prince Abdul Aziz bin Mousaed Economic City
Last updated August 12 2008: 10:14 AM ET
More from Fortune
Saudi Arabia's new gold mine
Forget oil. Prospectors are looking to strike it rich off of gold - the shiny kind. (more)
Oil city
Oil city
Reliance Industries is spending $6 billion to expand a massive refining hub in India that is one-third the area of Manhattan and will one day process 5% of the world's gasoline. (more)
5 hottest global job markets
5 hottest global job markets
These five countries are hungry for more workers. (more)
Contact Us Closed Captioning Manage Cookies+ Site Map

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.