Riyadh: Agencies
Japanese Prime Minister Fumio Kishida expressed his country's aspiration to work with Saudi Arabia to make the Middle East a global center for supply chains in the field of mining and minerals, by uniting efforts between the two countries, and benefiting from the Kingdom's distinguished geographical location, the low cost of renewable energy sources and mineral wealth, and the promising investment future. .
And the Saudi Press Agency, “SPA”, stated that this came during the launch of the Saudi-Japanese round table meeting in Jeddah, in the presence of Japanese Prime Minister Fumio Kishida, Saudi Investment Minister Eng. Khalid bin Abdulaziz Al-Falih, and the participation of representatives of the Japanese government and more than 44 Japanese companies. Leader.
According to what was reported by the Middle East News Agency, during the meeting, opportunities to enhance investment partnerships between the two countries were reviewed and studied in a wide range of sectors such as: clean energy, clean chemicals, mining, health care, and digital technologies. The meeting also culminated in the signing of 26 memorandums of understanding and investment agreements.
The Japanese Prime Minister said that Saudi Arabia is an important strategic partner for Japan in energy security, expressing his happiness at the multiplicity of this partnership in several areas under the Saudi-Japanese Vision 2030, which was agreed upon during the visit of the Saudi Crown Prince to Japan in 2016, explaining that the number of Japanese companies Operating in the Kingdom rose to 110 companies, indicating that during his visit he was accompanied by 27 leaders of Japanese companies, and this in turn reflects the size of the economic expectations of Saudi Arabia.
He pointed out that Japan intends to expand economic cooperation with the Kingdom in the fields of clean energy, emerging companies, health care, entertainment and advanced technologies.
The memorandums of understanding and investment agreements that were signed covered several priority sectors, including health, entertainment, culture, traditional energy, green energy, chemicals, manufacturing, machinery and equipment, financial activities, technology, agriculture, environment, and real estate.