Relying on the Investment Fair platform, representatives of Chinese and Saudi Arabian government and enterprises gathered in Xiamen to discuss new investment opportunities. The industrial investment between the two countries continues to heat up in both directions, and cooperation has moved from a single project to a full chain ecological co construction.
On September 9th, the China Saudi Arabia Investment Cooperation and Exchange Event was held in Xiamen. As a key supporting event of the Investment Fair, it was jointly hosted by the business and investment authorities of the two countries. Government and enterprise representatives from both sides have conducted in-depth exchanges on the high-end manufacturing and financial fields of petrochemical new energy, continuously consolidating the foundation of cooperation in multiple fields.
The current two-way investment layout between China and Saudi Arabia continues to accelerate, with Xinyi Glass's $386 million Saudi Arabia project landing, covering an area of over 350000 square meters, which will fill the gap in local automotive glass production capacity. After completion, the Zhongsha Gulei Ethylene Project can achieve an annual production capacity of up to 1.8 million tons. The cooperation between the two countries is shifting from project construction to technology research and development talent cultivation and ecological coordinated development, and financial empowerment is also continuously increasing cross-border industrial cooperation.Editor/Min Jing
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