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“Yanbu Industrial City outlines investment incentives for 40 leaders from U.S. companies

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<The Director General of Strategic Planning and Investment Development at the Royal Commission of Yanbu, Engineer Zaidan bin Mohammed Omar Yusuf, listed the investment incentives in Yanbu Industrial City, and reviewed with senior executives from American companies the competitive advantages of advanced infrastructure and availability of raw materials that made Yanbu Industrial City one of the most important industrial cities in the Kingdom and the Middle East region. He also pointed out that industrial cities have become the cornerstone of the Kingdom's quest for industrial diversification and economic development. This came during a seminar on investment opportunities in Yanbu Industrial City organized by the Royal Commission in cooperation with the Saudi-American Business Council and attended by more than forty leaders of American industrial companies in Columbus, Ohio. The seminar reviewed the most prominent investment opportunities in the petrochemical, plastic, rubber and industrial spare parts industries.

This seminar comes as part of the Kingdom's quest for industrial diversification and economic development. This seminar comes as part of a series of seminars organized by the Royal Commission in the United States in cooperation with the Saudi-American Business Council, previously held in Houston, Texas and recently in Los Angeles, California.

The seminar was attended by forty leaders of American industrial companies in Columbus, Ohio.