BASIC UNITS INTO STRATEGIC ONES, SEPARATING THEM IN COINCIDENCE WITH PRIVATIZATION PROCEDURES, TRANSFORMING THEM INTO COMPANIES AND TRANSFORMING THE AIRLINES INTO A HOLDING COMPANY. HE NOTED THAT AN ANNOUNCEMENT HAS BEEN MADE ON PRIVATIZATION OF THE AIRLINES' SUPPLIES SECTOR TO ATTRACT STRATEGIC PARTNERS AND INVESTORS TO FORM A NEW COMPANY FOR SUPPLIES. WITHIN THE FRAMEWORK OF ACHIEVING THE AIM OF PRIVATIZATION, BASIC REQUIREMENTS WILL BE COMPLETED FOR PREPARING PRINCE SULTAN ACADEMY OF AVIATION SCIENCES TO TURN INTO A WORLD CENTER OF PRIMARY TRAINING ON FLYING ALL TYPES OF AIRCRAFT, ON MAINTAINING AIRCRAFT AND ON GRADUATING QUALIFIED CADRES OF PILOTS AND ENGINEERS. ON INVESTMENT IN THE KINGDOM, THE CROWN PRINCE SAID THAT THE KING HAS ISSUED CLEAR DIRECTIVES TO TRANSPARENTLY DEAL WITH ALL MATTERS IN THE INTEREST OF THE KINGDOM, ITS CITIZENS AND FOREIGN INVESTORS WHO SEEK GUARANTEE FOR THEIR INVESTMENTS. ONE OF THE AIM OF GENERAL INVESTMENT AUTHORITY IS TO REDUCE ADMINISTRATIVE MEASURES THAT LIMIT THE ATTRACTION OF FOREIGN INVESTMENT, HE SAID AND POINTED TO THE GREAT ECONOMIC CITIES INAUGURATED BY THE KING AND OTHER PROJECTS WHICH REFLECT THE VOLUME OF THE EXPECTED INVESTMENT. ON EDUCATION, THE CROWN PRINCE NOTED THE GREAT ACHIEVEMENTS OVER THE PREVIOUS DECADES IN THIS SECTOR, INDICATING THAT THERE HAVE BEEN 6 MILLION STUDENTS, 30,000 SCHOOLS, MORE THAN 20 UNIVERSITIES AND HUNDREDS OF COLLEGES. --MORE
