Saudi-Chinese Investment Forum, 35 Agreements Co-signed
Beijing, February 22, 2019, SPA — The Saudi-Chinese Investment Forum concluded its works here today by co-signing 35 joint bilateral economic cooperation agreements, between the Kingdom of Saudi Arabia and the People’s Republic of China, worth more than $28 billion and granting 4 licenses to Chinese companies, specialized in a number of fields.
The forum witnessed participation of more than 1000 decision makers, investors and people interested in the economic field.
It coincided with the current state visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, to the People’s Republic of China, aiming at enhancing joint cooperation opportunities between the two countries, in various political, economic, social and cultural fields.
Furthermore, over 25 entities representing government and private sectors, in the Kingdom of Saudi Arabia, took part in an exhibition accompanying the forum, titled “Invest in Saudi Arabia”.
Reference – SAUDI PRESS AGENCY