Kingdom's Vision 2030, National Program of Transformation Draw Attention of Americans Washington 2

  • 2/5/2023
  • 16:46
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On the other hand, the Minister of Finance Dr. Ibrahim bin Abdulaziz Al-Assaf said that the meetings of the Deputy Crown Prince with the economic team of the US administration, represented by the Secretary of the Treasury, the Minister of Commerce, Minister of Energy, the US Trade Representative and a representative of the Advisory Council for Economic Affairs, have discussed reviewed in detail the vision of the Kingdom in 2030 and other related elements such as the Public Investment Fund, Saudi Aramco, and strategic partnerships with other countries and was followed by discussion with the President and members of the American Chambers of Commerce Council, in regard of business sector represented by a number of major US companies. Although some of these companies operate in the Saudi market and deal with it, but that when they listened to the details of the vision of the Deputy Crown Prince, they expressed intent to expand their investments, in the Kingdom, adding that the Deputy Crown Prince focused in his dialogue with US officials, on the local content in the economy and how to increase it and in a sense that we rely on the domestic industry, either domestic manufacturers or big companies rather than to import, he said, pointing out the Deputy Crown Prince has given the first work permit for the first American company to work in the Kingdom, in an important step to increase competition in the domestic market and to improve the quality of the products and sales, as well. He concluded by stressing that the objective of the investment is to directly invest in industries and activities in the Kingdom. -- more 23:56 LOCAL TIME 20:56 GMT www.spa.gov.sa/w

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