2002 News Story
 

10/15/2002
Crown Prince Abdullah in Eastern Province

Deputy Prime Minister and Commander of the National Guard Crown Prince Abdullah bin Abdulaziz, who is currently on a tour of the Eastern Province, attended the celebrations in Dhahran yesterday marking the 40th anniversary of the King Fahd University for Petroleum and Minerals (KFUPM). Speaking on the occasion, the Crown Prince highlighted the significant role being played by the university in the service of society. He urged the students to adhere to the teachings of Islam, which is a religion of moderation and wisdom, warned against trends of extremism, which always has dangerous repercussions, and advised them to consult the reliable source of the ulama (Muslim scholars) in the Kingdom, in order to learn the proper teachings of the Holy Qur'an and the Sunnah (the sayings and teaching of the Prophet).


Crown Prince Abdullah's tour of the Eastern Province includes the opening today of the third phase of the desalination project in Al-Khobar, the inauguration two days ago of projects in the industrial city of Jubail, and the official opening of the Al-Hawiyya gas project, as well as a number of other projects, including hospitals, parks, roads and bridges.

The Crown Prince also attended a meeting of the Royal Commission for Jubail and Yanbu, whose Chairman, Prince Saud bin Thinayyan, briefed him on achievements in the two industrial cities. Prince Saud commented that when set up, the commission aimed at 14 industrial complexes, but has built 30; targeted private investment of SR 55 billion [U.S. $14.69 billion], but has attracted SR 180 billion [$ 48.06 billion]; and planned for 27,000 new jobs, but has created 86,000. In the next phase, another SR 131 billion [$34.98 billion] investment is expected, with 55,000 more job opportunities. Minister of Industry and Electricity Dr. Hashem Yamani noted that industry now contributes 10 percent of the Gross Domestic Product (GDP), with revenues from Saudi industrial exports amounting to SR 30 billion [$8.01 billion] last year.

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