MITI encourages local companies to form investment partnerships with Saudi Arabia

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KUALA LUMPUR: The Ministry of Investment, Trade and Industry (MITI) is calling upon local companies to establish investment partnerships with companie...

The Ministry of Investment, Trade and Industry is calling upon local companies to establish investment partnerships with companies from Saudi Arabia, especially in the services sector.

He highlighted that Saudi Arabia’s Saudi Vision 2030 plan welcomes investments from countries like Malaysia, especially in the services sector. “This opens up opportunities for Malaysian companies to expand their business into the country,“ he said after a dinner reception in honour of the Saudi Arabian delegation’s visit to Malaysia yesterday.

Meanwhile, Saudi Arabia’s Minister of Commerce Dr Majid Abdullah Alkassabi encouraged Malaysian companies to come to Saudi Arabia to explore potential business opportunities in the country.

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