Prince Saud bin Abdullah bin Thenian, the President of the Royal Commission for Jubail and Yanbu, has recently signed two contracts worth SR 283 million. The first contract which amounts to SR 201 million is concerned with design and setting up a power station in Jubail Industrial City. The contract will be implemented within two-and-a-half year. The second contract which amounts to SR 82 million is for landscaping and preparation of a site as part of Al-Matrifiya neighborhood spread over an area of 242 hectares. The period of this contract is two years.