Saudi Arabia set to sign renewable energy deals with France private sector

03/12/2024 Argaam
Khalid Al-Falih, Minister of Investment

Khalid Al-Falih, Minister of Investment

Saudi Arabia is set to undertake three mega projects in the field of the renewable energy in partnership with France’s private sector, said Minister of Investment Khalid Al-Falih.

 

Speaking during the Saudi Green Initiative, Al-Falih indicated that Saudi Arabia is primarily linking business sectors, as financing resources are available, while the green industry will contribute to driving global change from within the Kingdom.

 

Further, Saudi Arabia is working to create the appropriate environment for entrepreneurship in the sustainability sector, as the Kingdom has become the largest in the Middle East in terms of venture capital investments, he noted.

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