VOL. XLV
No 42
21-October-2002
SAUDI ARABIA
New Industrial Cities Planned For Jubail And Yanbu'
Saudi Crown Prince 'Abd Allah ibn 'Abd al-'Aziz on 13 October endorsed plans to build second industrial cities at Jubail on the Gulf coast and at Yanbu' on the Red Sea, with the hope of attracting investments of around SR131bn ($35bn). It is also hoped that the establishment of the two new industrial cities will create 55,000 job opportunities. Crown Prince 'Abd Allah made the announcement during a...
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