The Minister of Commerce and Industry and Chairman of the Board of Directors of the Authority of Industrial Cities and Technological Zones, Dr. Tawfiq bin Fawzan Al-Rabiah, has recently signed a contract worth SR 499 million for the project to develop the second phase of the Industrial City in Kharj. The contract was signed with a national company and the project will be executed in 30 months. The signing ceremony was attended by the Authority's Director General Eng. Saleh bin Ibrahim Al-Rashid.