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Coinciding with the royal visit to China, chief executive of the Royal Commission in Yanbu sign three agreements


20 March 2017

Coinciding with the Custodian of the Two Holy Mosques King Salman bin Abdul Aziz's visit to China, and on the sidelines, "the Saudi Chinese Business Forum", the Kingdom has concluded several important agreements. Royal Commission for Jubail and Yanbu has signed three agreements with Chinese companies and specializes in first and second agreements signed by HE Chief Executive Officer of the Royal Commission in Yanbu Dr. Alaa bin Abdullah Nassif, with the Huawei Company to create an innovation center for smart city services, and the second to create a Huawei training center in Yanbu Industrial City and to accelerate the implementations of smart cities that come in line with The 2030 Saudi Vision. The third agreement also signed by CEO of the Royal Commission in Yanbu Dr. Alaa bin Abdullah Nassif with Mr. Joan Ling Chiang, chairman of Pan Asia (.PAN-ASIA PET RESIN CO., LTD) to allocate an industrial land to Jizan petrochemical plant at a cost of $ 2 billion. H.E. Dr. Alaa bin Abdullah Nassif explained, saying: "give effect to the directives of the wise leadership and follow-up of His Highness the President of the Royal Commission, Prince Saud bin Abdullah bin Thunayan in order to achieve the objectives of the strategy to reach the cities of the Royal Commission to the cities of excellence in line with the technical and technological advances applied around the world on smart cities, Royal Commission in Yanbu established and developed of the first smart city in the Kingdom of Saudi Arabia through strategic partnerships with the private sector partnerships, with this new agreement Yanbu Industrial City add another strategy in this area with Huawei International company for the development and establishment of the innovation Center for smart city services which is the first of its kind in the region and the signing of the Convention on the establishment of the Academy Huawei training to transfer experiences and knowledge and the latest international experiences in the field of information technology ".

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