NO. 4


Saudi Arabia

Cornerstone Laid for New Steel Wire Plant

The cornerstone for a plant in Jubail to manufacture various types of steelwires (ASLAK) was laid last week at a ceremony attended by Prince Abd Allah ibnFaisal ibn Turki, Secretary General of the Royal Commission for Jubail and Yanbu'and Dr. Mahsun Jalal, Chairman of the National Industrialization Company (NIC)of Saudi Arabia which will have a 30% stake in the ASLAK plant. The latter,which will cost an...