A proposal to amend the rental value (45) riyals for projects

You do not have an industrial license

Introduce the proposal

Study value revision

Rent 45 riyals for projects that do not

You have an industrial license due to the antiquities

That have been arranged since the application of the decision

Target

Enabling light and support projects

To invest in Jubail Industrial City

And attract service projects

Niche

The foundations on which the decision to approve the value of 45 riyals as a rental rate for projects
that do not have an industrial license

1 The approval of His Highness, the President of the Royal Commission, to calculate the value of 45
riyals per square meter

For trade agreements.

2 Recommendation of the Royal Commission in Jubail to apply the value of 45 riyals per square
meter for the projects

You do not have an industrial license.

3 The approval of His Highness, the President of the Royal Commission, to implement the
recommendation.

Land rental rates in different industrial cities

Industrial Estates Authority:

Industrial from (1) riyals to (5) riyals, depending on the proximity to the big cities.

Investment (does not have an industrial license), the rent is approved by a specialized committee
based on the area's need for the advanced activity.
-

Ready sites (600 square meters and 1,500 square meters), rent from (80,000 to 200,000), value
approval based on the advanced activity and location.

King Abdullah Economic City:

Light and logistical industries (16.5 riyals per square meter).

Heavy industries (18 riyals per square meter).

Transport container areas (20 riyals per square meter).

* Contracts for a period of 20 years, a 15% increase in the rental value every 5 years.

Different areas:

Ready-made workshops with an area of (400 square meters), the rent value is from (80 thousand to
120 thousand).

Ready-made workshops in the Light Industries and Support Area in Jubail Industrial City (400 square
meters), the rent value is from (90 thousand - 140 thousand).

Jebel Ali area in the United Arab Emirates, the rental value is from (17 - 23 dirhams per square
meter), depending on within the scope of the free zone or

Outside it.

Kizad city in the United Arab Emirates, the rental value is from (15 - 25 dirhams per square meter).

The Support Industries Zone in Jubail Al-Balad, depending on the location of the land, a commercial
street (13 riyals per square meter), an internal street (7 riyals), the price drop

Periodically

Examples of projects that have moved to Jubail, the country affected by the decision

Projects located in Jubail Al-Balad

Factors affecting attracting industries

Economic conditions

Government service fees

Prices of services (electricity, gas and water)

Corona pandemic

Rental price

Through what has been presented, it is clear to us that the price of leasing lands that do not have an
industrial license is high, which affects the attraction of investments to Jubail Industrial City.

Note that a large number of these projects serve the city directly or indirectly, and their presence is
considered influential in the region, so we present the following options:

We recommend the best option:

The rental price is changed from 45 riyals per square meter to 20 riyals per square meter.

The price of 45 riyals is re-examined through a committee determined by His Excellency the
President of the Royal Commission in cooperation with international expert houses.

Forming a committee to study the activities and determine the rent value for each project based on
criteria approved by His Excellency the President of the Royal Commission.

Laboratories and laboratories (non-destructive testing - soil testing - calibration)

Industrial services and contracting (chemical cleaning services - industrial washing)

Maintenance and Operation Projects (SHUTDOWN Services - Equipment Maintenance)

Pipeline projects (pipe coating - protection)

Collection activities

Training centers

Development and research centers