US-based pharmaceutical major Pfizer is to construct a pharmaceutical manufacturing plant in Saudi Arabia.

The facility will be located in King Abdullah Economic City, north of Jeddah, andl include medicine manufacturing and packaging technologies within the one site.

Although no financial details were disclosed, Saudi Press Agency stated the facility will cover 65,000 square metres and will recruit as many as 200 workers upon completion.

Saudi Arabia has vaunted KAEC as a business and industry centre, with Pfizer confirming the project will benefit from competitive advantages offered by the Saudi government.