Question on lands: A: Lands, we believe that their development will solve part of the problems and crises that we have in the cities, whether in commercial, financial, business or housing complexes . There are very large assets, which are areas that have not been developed so far in this field, especially the tourism field or others. I expect that these assets will amount to one trillion Saudi Riyals. Investment Fund will not manage Aramco Company. There will be a Board of Directors for Investment Fund that will control 10% of the investment capacity in the world. The Investment Fund was restructured last year. With little studies, the Investment fund gained profits amounted to 30 Billion Riyals in 2015. Q: Are these lands owned by the state? A: Yes, these lands are owned by the state. And now we have finished the procedures regarding the transferring of their ownership to the Public Investment Fund. Q: Thus, will they be offered or invested through the construction of malls and commercial centers? A: No, the Fund does not enter into malls; and its size is very huge. The Fund enters into huge opportunities, mostly lands and great opportunities. The lands will be transformed into projects, transformed into a company and offered at whole in the market. --More 13:39 LOCAL TIME 10:39 GMT www.spa.gov.sa/w