The Industrial City of Yanbu is expected to receive new investments worth more than SR 80 billion in the coming years, a senior official at the Royal Commission for Yanbu said.
It was revealed during a reception given to Madinah Gov. Prince Faisal bin Salman at King Fahd Cultural Center.
There was a presentation on the industrial city, RC's objectives, major industries in the city and the facilities being offered by RC to investors and industrialists.
Yanbu Gov. Ibrahim Al-Sultan, CEO of Royal Commission in Yanbu, Dr. Ala bin Abdullah Naseef and other senior officials were present to receive the prince on arrival.
Prince Faisal also visited Saudi Aramco's facilities in the city where he was received by Abdul Rahman Al-Wohaib, senior vice president for refinery and marketing, and other officials.
Read more: http://www.zawya.com/story/Yanbu_to_receive_SAR80bn_worth_of_new_investments-ZAWYA20130224034008/
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