ECONOMY

Saudi-French Business Council reviews Vision 2030

Deputy Crown Prince meets with head of the French National Assembly and head of the Foreign Affairs Committee of the French National Assembly. (SPA)

Saudi-French Business Council held a meeting here on Tuesday on the sidelines of the visit of Saudi Deputy Crown Prince Mohammed bin Salman, second deputy premier and minister of defense.

A number of ministers and the chairman of the Saudi Council of Chambers, chairman of the Saudi-French Business Council, Saudi and French businessmen as well as representatives of French companies attended the meeting.

Saudi Minister of Commerce and Investment Majed Al-Qasabi said that the Kingdom’s Vision 2030 is a catalyst and accelerator for development.

Saudi Minister of Finance Ibrahim Al-Assaf highlighted Saudi Arabia’s keenness to increase non-oil revenues.

He stressed that there is a focus on increasing local content in industry and services.

Saudi Minister of Agriculture, Water and Environment Abdurrahman Al-Fadhli stressed that the National Transformational Program aims at real partnership with the private sector.

Saudi Minister of Housing Majed Al-Huqail said that Vision 2030 seeks to achieve three strategic goals: Helping citizens obtain housing, developing industry and restructuring the housing sector.

Chairman of the French side of the Saudi-French Business Council Jean-Louis Osad stressed that the French business sector follows with interest the initiatives and programs emanating from Vision 2030.

This article was first published by the Saudi Gazette on June 30, 2016.

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Last Update: Thursday, 30 June 2016 KSA 10:07 - GMT 07:07
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Saudi Minister of Finance Ibrahim Al-Assaf highlighted Saudi Arabia’s keenness to increase non-oil revenues
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