Awwal 11, 1432, Feb 14, 2011, SPA-- Prince Mohammed Ibn Fahd Ibn Abdulaziz, Governor of the Eastern Province, has approved the establishment of Prince Mohammed Ibn Fahd Fund of Industrial Development for Youth Projects and ordered the formation of a committee of businessmen and experts in this field to set a strategy and a plan to start the projects during the upcoming months under the chairmanship of Director General of the Prince's Office and Secretary General of Prince Sultan Ibn Abdulaziz Fund for Women Projects Hassan bin Ali Al-Jasser. In a statement on this occasion, Al-Jasser expressed his thanks to and appreciation of the Prince for this initiative, noting that the Fund will begin the establishment of incubators of industrial works for the youth, which are the first of their kinds in the Eastern Province and the Kingdom of Saudi Arabia as they focus on specialized industrial projects.