Media ININ Economy We Trust
Media In / Agencies / Riyadh 8 April 2018
He noted President of the Saudi Council of Saudi Chambers Business French Council Dr. Mohammed bin Laden and economic dimensions of the visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense of God save it to France, pointing out that it will strengthen the will of God through the understandings and agreements The Kingdom’s efforts to diversify the national economy and realize the aspirations of Vision 2030 and attract value-added foreign investments to the Saudi market.
He said: “The Saudi-French Business Council will be held in conjunction with this visit, a meeting in the French capital Paris, with the participation of Saudi businessmen and the French, to discuss aspects of cooperation in various fields, especially the environment, water, agriculture, transportation, infrastructure, innovation and information technology, in addition to highlighting the investment environment In the Kingdom and France and its advantages and incentives to investors in both countries.
He stressed that France is one of the important trading partners of the Kingdom. It is ranked third among the most important investment countries in the Kingdom. French investments play an important role in the transfer of technology and employment of Saudi youth. There are more than 80 French companies operating in the Saudi market in various sectors employing at least 27 thousand employees and these companies achieve high rates of Saudization program, which shows the interest of France in the direction of the Kingdom towards the resettlement of jobs and develop skills and training and diversify the base of industries and the national economy, while the Joint Business Council of those efforts by pushing and adoption of the proposal to create a website Offer job opportunities French companies and job seekers publish data.
The Chairman of the Saudi-French Business Council pointed out that the Council adopted initiatives to establish a sustainable base for cooperation and partnership between the Kingdom and France, the most important of which was the establishment of an electronic portal for the commercial and industrial opportunities available for bilateral investment and the promotion of mergers, alliances and acquisitions between Saudi and French companies. The establishment of the Office of Facilitating the Procedures of Businessmen and Investors in both Countries, the Localization of the Manufacture of Consumables and Spare Parts, and the Operation and Maintenance of Railways and Transport The establishment of a biennial forum, the promotion of studies and scholarships, scientific and research cooperation programs between the universities of the two countries, the establishment of a website to teach the official language of the two countries through distance education; the establishment of a joint network for the exchange of knowledge, science and research; the use of modern technology in the medical field; E-Health for the provision of health and social services remotely, and activating the role of embassies in the two countries through the commercial attaché in terms of highlighting investment and commercial opportunities and facilitate transactions and contracts, and finally the initiative to facilitate the Saudis access to the Schengen visa from the embassy French Riyadh
