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Saudi-Chinese agreement worth 375 million riyals for the construction of ceramics factory

Media In / Riyadh October 24,
The Royal Commission for Jubail and Yanbu, one of the Chinese companies, signed an agreement for Yanbu Industrial City, which is constructing a ceramics production plant at 375 million riyals, and a memorandum to discuss developing joint opportunities in the renewable energy industry.
The Saudi-Chinese partnership is based on harmonizing the vision of the Kingdom of Saudi Arabia 2030 and the China Belt and Road Initiative. Jazan City for Basic and Transformational Industries is in line with the initiative of the belt and sea road which will be a gateway to international markets. The Saudi Silk Road for Industrial Services in Jazan for Basic and Transformational Industries in partnership between the Royal Commission, Saudi Aramco Company and China Guanyin Company for Industrial Investment.

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