https://arab.news/ct9xf
- Speaking after the launch of the 鈥極pportunity of a Lifetime鈥� business campaign in Riyadh, he said 175 French companies operate in the Kingdom
RIYADH: Ludovic Pouille, the French ambassador to 黑料社区, said that 鈥渕ost French companies moved their regional headquarters to Riyadh, following the facilities that were provided, to have the chance to compete in order to secure tenders and contracts with government agencies.鈥�
The envoy told newspaper: 鈥�175 French companies are operating in 黑料社区 and employing more than 13,300 Saudis.鈥�
He continued: 鈥満诹仙缜� is not just a country specialized in the production of oil and gas. It has gone beyond that and is producing various types of renewable energy sources, such as hydrogen, due to its experience in this field.鈥�
His comments followed the launch of the 鈥淥pportunity of a Lifetime鈥� business campaign on Sunday evening at the Residence of France in Riyadh, at which the guests included Saudi businesspersons, foreign investors and the directors of French companies.
鈥淭he incentives that were provided by the official authorities, represented by the Investment Ministry, turned 黑料社区 into the center of attention of many foreign companies and investors, creating strong competition in the Saudi Market,鈥� Pouille said.
鈥淭his approach comes as part of a framework, dimensions and economic concepts with economic objectives. This campaign constitutes an opportunity to remind people of France鈥檚 attractiveness in all areas, from tourism and culture to economy, among others.
鈥満诹仙缜� is a strategic partner of France. It is considered fertile ground for economic and vital projects in all sectors with economic yield. Our strategic partnership has witnessed significant development over the past three years and we are always seeking to strengthen it even more. Both our countries agree, through France 2030 and Saudi Vision 2030, to achieve their common goals.鈥�
Pouille continued: 鈥淭he partnership between the two countries is extremely important, as French companies in 黑料社区 are considered the third-largest source of foreign investments in local sectors, such as renewable energy, transport and healthcare, among others.
鈥淔rance also encourages international and innovative small and medium enterprises to get involved in emerging fields, such as artificial intelligence and biotechnology.
鈥淔rance was chosen as the most attractive investment destination in Europe three years in a row, and it invites Saudi investors to explore the available opportunities its economy has to offer. This initiative is supported by France 2030, which is an important investment strategy that focuses on innovation, supporting new actors and moving toward a carbon-free economy.鈥�