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23-11-19
SAGIA inks 5 MoUs total USD2bn with world's major petrochemical companies
(MENAFN) Saudi Arabian General Investment Authority (SAGIA) has signed five memorandums of understanding (MoUs) worth USD 2 billion with a number of largest petrochemical companies in the world; the signing included the presence of Deputy Minister of Industry Osama Al-Zamil, representatives of major petrochemical companies and a number of government and private sector bodies in the Kingdom.
Governor of SAGIA welcomed the major international petrochemical sector companies in the Saudi market, highlighting that this was achieved through the Authority's endeavors to market investment opportunities in the Kingdom and making them available for international companies.
SAGIA targets to attract quality investments in the petrochemicals sector, which is considered one of the main pillars of the Kingdom's industrial strategy.
MENAFN2311201900450000ID1099315507
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