The Minister of Investment of Saudi Arabia, Khalid bin Abdulaziz Al-Falih, is on an official visit to France to enhance bilateral cooperation, said official sources on Thursday, September 23.
Though this visit, Al-Falih is expected to improve investment and economic ties in many fields, said the sources.
He is accompanied by a high-level Saudi delegation from a number of government agencies, national companies, and representatives of the private sector.
During the visit, he is expected to meet French government officials and heads of major French companies in various sectors.
These include industry, energy, water, education, health care, transportation, logistics, mining, minerals, tourism and hospitality.
The visit reportedly aims to further enhance the investment relations between the two countries by making full use of the opportunities offered by the Saudi Arabia’s Vision 2030.
Al-Falih was quoted by the official sources as saying that this visit would look to strengthen bilateral investment relations between the two countries.
He stressed that the Saudi economy has become open to national and foreign investments, which provides profitable investment opportunities in a variety of sectors.
Saudi Arabia has indeed been eyeing investments from European powers after its decision to diversify its economy.
Earlier this week, the Saudi Ministry of Investment organized a workshop for investors from German companies for exactly that reason.
