Arab News, Saturday, Jul 02, 2022 | Zul Hijjah 3, 1443
France eyes ‘good investment opportunities’ in Saudi Arabia: Official
Saudi Arabia:
France is intensifying efforts to take advantage of Saudi investment
opportunities in all sectors, mostly energy, technology, water and other
industrial services, the country's Ambassador in Saudi Arabia said.
Saudi Arabia is an attractive region and a
suitable environment for investments in all its vital sectors, Ludovic Pouille
told a press conference.
The French government and the private sector are
working to expand the number of companies operating in the Kingdom, which
currently stands at about 135, Aleqtisadiah reported citing Pouille.
The aim is to gain large investment spaces, and to
benefit from the reforms and economic developments undertaken by Saudi Arabia,
which constitute a good opportunity for French companies, he said.
The French ambassador said France will take the
model of agreements between the Al-Ula Authority and his country’s institutions
in the fields of infrastructure and culture, as a starting point for expanding
the map of investments in the future.