Discussions Underway for Transferring Regional HQs of Danish Food Companies to Saudi Arabia

  • Date: 04-Nov-2021
  • Source: Asharq AL-awsat
  • Sector:Economy
  • Country:Saudi Arabia
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Discussions Underway for Transferring Regional HQs of Danish Food Companies to Saudi Arabia

Jorgen Christensen, CEO of the Danish Dairy Board, and Denmark's ambassador Ole Moesby at the launch of the Danish Organic Dairy program, at Panorama Mall, Riyadh, Asharq Al-Awsat

Discussions are underway to transfer the regional headquarters of some Danish international companies to the Kingdom of Saudi Arabia, a senior Danish official revealed.

Speaking to Asharq Al-Awsat, Denmark’s Ambassador to Saudi Arabia Ole Moesby said that the Kingdom is one of the largest countries in the world that receives Danish exports in general.

At the same time, Saudi Arabia and Denmark share four partnerships that span key sectors like water, food, renewable energy, pharmaceuticals, and healthcare.

“Our products are witnessing a steady expansion and increase in the Saudi market,” Moesby told Asharq Al-Awsat.

The diplomat clarified that many international Danish companies, including water firms, intend to transfer their regional headquarters to Saudi Arabia.

According to Moesby, these companies will soon start their business in terms of manufacturing and exporting Danish products to the Kingdom. Also, they will start distribution work to export from the Kingdom’s land regionally and globally.

“We have a historic relationship with Saudi Arabia that extends for more than four decades... We are currently trying to keep pace with development and change in Saudi Arabia,”