Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Premier and Chairman of the Economic and Development Affairs Council, who is also Chairman of the Board of Directors of the Public Investment Fund (PIF), has stressed that the Saudi people's will, great determination and subtlety are behind the Kingdom's approach to new horizons which would put the state on the map of the developed countries. Addressing the gathering following the signing ceremony of a contract establishing "NEOM", located in the north of the Kingdom, with a number of foreign companies seeking to invest inside the country, he said: "Within the activities of the Future Investment Initiative (FII), the Saudi people, who have a lot of principles and great values, are behind the development of the Kingdom and its progress due to its support for their leadership forming a concerted political will aiming to develop the state in various fields." During the session titled "Pulse of Change", Crown Prince Mohammed bin Salman expressed confidence on the young people who represent 70% of the Saudi society and are no older than 30 years old. "They will achieve the dream alongside their leadership who hold thousands of dreams," he added. "I am one of the 20 million youths. They are motivating me. They are the engine pushing me forward. If they work and follow the appropriate direction, they will create another country. Seventy percent of the Saudis have passion, accuracy and cleverness to achieve the unattainable," the Crown Prince said. "The project is considered a promising one, containing regulations that stimulate businessmen and giant companies home and abroad to invest. We are under pressure to make something new in a short time. We do not want to see ourselves after 15 years to have missed any opportunity. For my part, this is what is bothering me. This is a challenge. With action and participation of many partners of the world and from inside, we will fulfill our aspirations," the Crown Prince added. --More 20:27 LOCAL TIME 17:27 GMT www.spa.gov.sa/1680723