Crown Prince Abdullah bin Abdulaziz, the Deputy Premier and Commander of the National Guard, inaugurated here today the ceremony of laying the foundation stones for Yanbu 2 Gigantic Project and a number of developmental and industrial projects in Yanbu industrial city. The Crown Prince also handed ownership documents of residential units of some of the projects built by Prince Abdullah bin Abdulaziz Developmental Housing Foundation for His Parents. Upon arrival at the venue, the Crown Prince was received by Prince Miqren bin Abdulaziz, the Governor of Madinah Region, and Prince Saud bin Abdullah bin Thinayyan Al Saud, Chairman of Jubail and Yanbu Royal Commission. The Crown Prince chaired a meeting of the Commission's board of directors. In a press statement following the meeting, Prince Saud bin Abdullah bin Thinayyan Al Saud said that the audience listened to the directives of the Crown Prince who praised the efforts exerted by the Saudi youth in the Commission's achievements. The Crown Prince noted that the Commission has succeeded in creating a fertile investment climate in the two industrial cities and in providing thousands of job opportunities for citizens. The Crown Prince also commended the private sector for its active participation in the progress being witnessed by the Kingdom, also lauding the great leaps achieved by Saudi Basic Industrial Corporation (SABIC). --More 1941 Local Time 1641 GMT