Then, Prince Saud bin Abdullah bin Thinayan, Chairman of Royal Commission for Jubail and Yanbu delivered a speech in which he said: "I am honored to welcome you, the Custodian of the Two Holy Mosques in Jubail Industrial City which is the stronghold of industry and economy, as I have the honor to express my sincere thanks and great gratitude to you for your great attention being accorded to citizens, and your follow-up of all that would serve them and achieve their prosperity." He said that the Commission's pursuit for integration with its partners comes in the framework of its commitment to excellence and keeping abreast of the transformation stage from relative advantages based on available factors of productivity such as facilities, capabilities and raw materials to competitive advantages that rely on skills, innovation and modern technology making it possible to provide an attractive investment environment pushing the private sector to participate effectively and succeed in the localization of petrochemical, mining and manufacturing industries, and this was confirmed by the success of (SABIC) company in occupying the 4th rank in the global petrochemical industry. Prince Saud bin Abdullah addressing the King saying you have closely experienced these achievements, and here, you continue the march by laying the foundation stones and inaugurating a number of projects with unprecedented numbers of their investments exceeding SR 216 billion for each of the Royal Commission for Jubail and Yanbu and the companies of Aramco, SABIC and their partners of the giants of the global industry, and other facilities and companies of the private sector. --More 13:16 LOCAL TIME 10:16 GMT www.spa.gov.sa/w279115