ID :
698374
Fri, 05/16/2025 - 07:45
Auther :

Saudi Arabia, China Sign 57 Deals in Agriculture, Water, and Environment Sectors

   Beijing, May 15, 2025, SPA -- The Saudi-Chinese Business Forum wrapped up yesterday in Beijing with 57 agreements and MoUs  valued at over SAR14 billion inked between Saudi and Chinese entities.
   The event was attended by Minister of Environment, Water and Agriculture Abdulrahman Alfadley, with broad participation of officials and investors in the agricultural and food sectors from both countries.
   Alfadley noted that trade exchange between Saudi Arabia and China has exceeded $107 billion, underscoring their bilateral economic ties' strength and strategic importance. He highlighted that China is one of the Kingdom's most significant trading partners, representing 18% of its foreign trade.
   The signed agreements encompassed a range of projects across the environment, water, agriculture, fisheries, and livestock sectors. Key initiatives include knowledge exchange on water recycling, development of human capacity-building programs, establishment of seaweed cultivation stations, and production of biofuels and biofertilizers.
   They also included plans to develop a smart city dedicated to food security in the Kingdom, featuring factories, laboratories, and integrated logistics services. Additionally, they outlined joint efforts to establish a comprehensive industrial city in Jazan Region focused on primary and transformative industries, aimed at strengthening supply chains and creating new opportunities for agriculture-related industrial investment.


   -- SPA


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