• Home
  • Saudi and Chinese Companies Sign 34 Investment Agreements
Saudi and Chinese companies signed 34 investment agreements that covered several sectors in the field of energy, including “green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation, logistics, medical industries, housing and construction factories.” These agreements were signed during China’s President Xi Jinping’s visit to Saudi Arabia. The Saudi Minister of Khalid bin Abdulaziz Al-Falih said that this agreement is a reflection of the two countries’ “keenness” to develop and strengthen existing relations in all fields. This investment agreement also comes in light of Saudi’s Vision 2030 which aims to offer investment opportunities in many different sectors including those of energy.

Saudi and Chinese Companies Sign 34 Investment Agreements

Saudi and Chinese companies signed 34 investment agreements that covered several sectors in the field of energy, including “green energy, green hydrogen, photovoltaic energy, information technology, cloud services, transportation, logistics, medical industries, housing and construction factories.” These agreements were signed during China’s President Xi Jinping’s visit to Saudi Arabia. The Saudi Minister of Khalid bin Abdulaziz Al-Falih said that this agreement is a reflection of the two countries’ “keenness” to develop and strengthen existing relations in all fields. This investment agreement also comes in light of Saudi’s Vision 2030 which aims to offer investment opportunities in many different sectors including those of energy.

Issue:
Country:
Subscribe to Receive Latest Updates from GIF.