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Saudi Arabia

French entrepreneurs to build eco-friendly factories

Saudi and French businessmen held joint workshops in the Council of Saudi Chambers on water and energy, current projects in Saudi Arabia, their economic indicators including budgets, economic activities and the developing infrastructure.
The Saudi investors discussed the challenges facing these sectors represented in the increasing demand for energy, electricity and water due to the expansion of industrial projects and the population growth, saying that the Kingdom is moving toward renewable energy resources.
The French businessmen offered to build eco-friendly factories and a pioneering hospital in the Kingdom.
The workshop reviewed investment opportunities in the Kingdom in the field of setting up electrical, water, energy and gas stations. The French businessmen expressed their interest in the Saudi market and their wish to share their expertise with Saudi companies.
The second workshop discussed available investment opportunities in transportation, health and educational services, in addition to rural development and human resources. Specialists in a number of government and private organizations made a power point presentation on the transportation strategy in the Kingdom. They reviewed projects that have been implemented in the past and projects being implemented now, especially in Riyadh, Jeddah and Dammam. These included Tunnel development and railroad projects, as well as the Makkah and Riyadh Metro stations.
The workshop discussed the Kingdom’s needs in the health sector, which has many partnership opportunities, along with education, which is in need of development. The Saudis focused on the challenges to technology and the environment while the French presented the most important companies working in the Kingdom in transportation, railroads, metro stations, health, water and waste disposal pointing out that France has wide experience in these fields.

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