Sabah al-Mutlaq, Chairman of Alfanar of Saudi Arabia, and Satam Almoteri, Vice President of Alfanar, led a delegation to China and held high-level talks with Bao Jianmin, Vice President of CITIC Group. The two sides reached important consensus on strategic cooperation in the fields of infrastructure, environmental protection technology, and energy transition, and conducted in-depth discussions on specific cooperation directions.

In the field of infrastructure, the two sides will focus on promoting joint investment and construction of large-scale residential, industrial parks, seawater desalination, sewage treatment and solid waste treatment projects, and jointly explore new models of smart city development. In terms of energy cooperation, we will focus on promoting the optimization of traditional energy sources and the application of low-carbon technologies to help transform and upgrade Saudi Arabia's energy structure. At the same time, in line with the green development goals of Saudi Arabia's "Vision 2030", the two sides will deepen cooperation in projects in new energy fields such as photovoltaic and wind power.

Teng Tao, Deputy General Manager of CITIC Construction, Bai Yinfeng, Deputy General Manager of CITIC Environment, and Cui Yi, Head of Alfanar China, participated in the talks and conducted practical exchanges on specific cooperation projects. The two sides agreed to establish a normalized communication mechanism to accelerate the implementation of cooperation projects.

The meeting further deepened the mutual trust and cooperation consensus between the two sides, and laid a solid foundation for the future project advancement. The two sides pledged to give full play to their respective advantages, jointly serve the strategic synergy between the Belt and Road Initiative and Saudi Arabia's Vision 2030, and create a model of cooperation in the field of green energy and sustainable development.(This article is from the official website of Seetao www.seetao.com. Reprinting without permission is strictly prohibited. Please indicate Seetao.com + original link when reprinting) Seetao.com Strategy Column Editor/Sun Fengjuan