Crown Prince Sultan bin Abdulaziz Al Saud, Deputy Premier, Minister of Defense and Aviation and Inspector General, said today that the launching by the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud of grand economic cities in the Kingdom comes within his far-sighted vision so that they would become attracting points for international investments, consolidating domestic investments, activating the role of the private sector in achieving balanced development and creating a qualitative leap in the national economy and the process of creation of jobs for citizens. He lauded the promising projects witnessed by King Abdullah Economic City (KAEC), including the great interest in training programs and qualification of Saudi workforce. This came in written remarks by Crown Prince Sultan bin Abdulaziz during a get-acquainted visit to King Abdullah Economic City today. In a key address during a speech ceremony held to mark the occasion, Amr Al-Dabbagh, the Governor of the Investment Authority reminded that the support rendered by the monarch, his crown prince and the second deputy premier for investment in the Kingdom enabled the country to occupy the first place in the Middle East and the 13th of the world in terms of competitiveness of investment environment in 2009, jumping from the 67th place in 2005, according to the World Bank reports. --More
