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Sino-Saudi joint investment fund to be established
Daily Published in Alriyadh on 24 - 08 - 2017

Saudi Arabia and China are to planning to establish a 20 billion dollar joint investment fund, Saudi Minister of Energy, Industry and Mineral Resources Khaled Al-Falih said here Thursday.
Al-Faleh was speaking on the fringe of a Saudi-Chinese investment forum in Jeddah.
In addition to the fund, Al-Faleh said the forum will see the signing of 11 trade agreements worth $ 20 billion between the two sides today.
The forum coincides with the meeting of the Saudi-Chinese High Commission.
The Saudi Press Agency said the meeting is slated to discuss joint investment opportunities and economic ties.

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