Saudi Industrial Development Fund Signs MoU to Reactivate Japanese Investors' Role

  • 2/5/2023
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Tokyo, Jun 18, 2019, SPA -- In the presence of the Director General of the Saudi Industrial Development Fund Dr. Ibrahim bin Saad Al-Miaijil and Masahiko Oshima, Deputy President and Head of International Business Unit & Representative Executive Officer, at Sumitomo Mitsui Financial Group, Inc, the fund and the group co-signed here today a memorandum of understanding (MoU) to boost trade and investment volume of exchange, in addition to discuss domains of mutual cooperation, in various fields. The co-signing ceremony took place, on the sidelines of the Forum of Saudi-Japanese Vision 2030, held here, with participation of dozens of Saudi firms and hundreds of Japanese companines, to explore requirements for incepting active partnerships to indigeize qualitative investments, in the two countries, develop promising sectors and dsicuss prominent investment opportunities, in the framework of the Kingdom advantages, especially, in the sectors of energy, mining, startups, logistics and infrastructure. -- SPA 20:39 LOCAL TIME 17:39 GMT 0024 www.spa.gov.sa/w1121589

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