SAR13.5bn pacts signed during Saudi Indonesia business meetings
Saudi Arabia and Indonesia on Thursday signed a number of MOUs and strategic partnership agreements worth SAR13.5bn in the fields of energy, health, housing and tourism. Projects include: electric power production sector, health care and medical services, housing projects, tourism and Haj and Umrah services. Saudi Arabia seeks to attract qualitative investments in accordance with the Vision 2030, said Ghassan Al-Suleiman, Governor of the General Authority for Small and Medium Enterprises. Chairman of Indonesian Chamber of Commerce and Industry (KADIN), Rosan Perkasa Roeslani, said that the total trade between Indonesia and Saudi posted at USD5bn, significantly lower than USD8bn reached in the previous year. “For that reason, we are striving to find breakthroughs in the trade relations. All along, our transactions with Saudi Arabia often involve the oil and gas sector, and we are now trying to explore other areas to boost an even bigger growth,” he stated.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.