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Saudi, Malaysian industry ministers explore avenues for promoting joint investments
Saudi, Malaysian industry ministers explore avenues for promoting joint investments

Zawya

time20-05-2025

  • Business
  • Zawya

Saudi, Malaysian industry ministers explore avenues for promoting joint investments

RIYADH — Minister of Industry and Mineral Resources Bandar Alkhorayef met with Malaysian Minister of Investment, Trade, and Industry Tengku Datuk in Riyadh on Monday. Their discussions focused on ways to strengthen bilateral economic relations and develop cooperation in the industrial sector. During the meeting, the ministers explored opportunities to promote joint investments between the two countries. They discussed the enablers and incentives available to facilitate the investor journey, and the high-value investment opportunities offered in the Kingdom. Their talks also covered the goals of Saudi Vision 2030 aimed at diversifying the national economy, as well as an overview of the National Industrial Strategy and its role in boosting the Kingdom's manufacturing capabilities, enhancing local content, and advancing priority industrial sectors targeted for localization and development. The meeting highlighted the Kingdom's strategic advantages that position it as a globally attractive investment destination, including its geographic location connecting three continents, abundant natural resources, streamlined government procedures, competitive energy prices, and advanced infrastructure. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (

Saudi, Malaysian industry ministers explore avenues for promoting joint investments
Saudi, Malaysian industry ministers explore avenues for promoting joint investments

Saudi Gazette

time19-05-2025

  • Business
  • Saudi Gazette

Saudi, Malaysian industry ministers explore avenues for promoting joint investments

Saudi Gazette report RIYADH — Minister of Industry and Mineral Resources Bandar Alkhorayef met with Malaysian Minister of Investment, Trade, and Industry Tengku Datuk in Riyadh on Monday. Their discussions focused on ways to strengthen bilateral economic relations and develop cooperation in the industrial sector. During the meeting, the ministers explored opportunities to promote joint investments between the two countries. They discussed the enablers and incentives available to facilitate the investor journey, and the high-value investment opportunities offered in the Kingdom. Their talks also covered the goals of Saudi Vision 2030 aimed at diversifying the national economy, as well as an overview of the National Industrial Strategy and its role in boosting the Kingdom's manufacturing capabilities, enhancing local content, and advancing priority industrial sectors targeted for localization and development. The meeting highlighted the Kingdom's strategic advantages that position it as a globally attractive investment destination, including its geographic location connecting three continents, abundant natural resources, streamlined government procedures, competitive energy prices, and advanced infrastructure.

GCC Chief, Malaysian Minister of Investment discuss free trade agreement
GCC Chief, Malaysian Minister of Investment discuss free trade agreement

Kuwait News Agency

time18-05-2025

  • Business
  • Kuwait News Agency

GCC Chief, Malaysian Minister of Investment discuss free trade agreement

Economics RIYADH, May 18 (KUNA) - The GCC Secretary-General Jassim Al-Budaiwi and Malaysian Minister of Investment, Trade and Industry Senator Tengku Datuk discussed the latest developments in the free trade agreement between the two sides. This came during Al-Badawi's reception of the Malaysian Minister at the General Secretariat headquarters in Riyadh, said the GCC General Secretariat Sunday. The meeting touched on trade, industrial, and investment ties between the GCC and Malaysia, in addition to discussing and examining the economic forum between Malaysia and the GCC states, the Secretariat added. (end)

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