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Friday, September 24, 2021

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Some investment plans made by Saudi Arabia, France to strengthen the business.

  • France has invested more than $4.37 billion in Saudi Arabia and has become Saudi’s largest investors.
  • Saudi Arabia welcomes the strengthening of bilateral relations when a french delegation represented MEDEF International.

They expressed their hopes for a better future for the kingdom,  through investment opportunities in emerging sectors.

Laurent Germain said that he is very convinced that Saudi Arabia has a very promising market for french companies, the growth forecast is very promising and the Saudi economy is robust.

French companies were committed to diversifying their business in the economy, their objective is to have more access to the Saudi market. 80 French companies have solid expertise in many sectors like tourism, healthcare, and entertainment.

They all have a clear strategy and target now, each ministry has an action plan, they are all set to achieve goals by maintaining unity to reach the path of success.

The vice Chairman of MEDEF was very impressed by the projects that plan to transition hydrogen, they are very excited to start this new journey.

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