French Companies Look For Riyadh’s Opportunities in Modern Industries, Renewable Energy

  • Date: 01-Jun-2021
  • Source: Asharq AL-awsat
  • Sector:Oil & Gas
  • Country:Saudi Arabia
  • Who else needs to know?

French Companies Look For Riyadh’s Opportunities in Modern Industries, Renewable Energy

Fifteen French companies discussed in Riyadh on Monday cooperation opportunities in the fields of technology, modern industries, agricultural production, renewable energy, entertainment, tourism, education and training, and ways to strengthen partnerships in the Qiddiya and NEOM projects, the Red Sea, Green Riyadh, the Middle East Green Initiative and other new Saudi projects.

In remarks to Asharq Al-Awsat, Co-chairman of the Saudi-French Business Council Laurent Germain said: "We seek to strengthen cooperation in various fields, and we have full confidence in the Saudi investment environment,“ pointing to the Kingdom's ability to develop its economy and increase investments and trade in the region despite the COVID-19 pandemic.

He added that the French side was looking forward to drawing a road map in order to translate bilateral agreements into tangible reality and explore investment opportunities offered by the Kingdom.