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Minister of Energy, Industry and Mineral Resources at ‘One Belt, One Road' Forum in China: Saudi Arabia assumes strategic projects to enhance integration with regional and global economies
The Kingdom of Saudi Arabia participated in the Silk Road Summit for International Cooperation being held in Beijing from 14 to15 May, represented by Minister of Energy, Industry, and Natural Resources Eng. Khalid Al-Falih, Minister of Finance Mohammad Al-Jadaan, Minister of Telecomunications and Information Technolgy Eng. Abdullah Al-Swaha, Cabinet Minister and Public Investment Fund Chief Executive Mr. Yaser Al Rummayan. Minister Al-Falih delivered a speech entitled "Integration between basic infrastructure" and said, "It is a great honor to me to represent Saudi Arabia on behlaf of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud at this Forum." Al Falih said, "the strategic projects assumed by the Kingdom of Saudi Arabia to development railway, airports, harbors and power interconnection all represent high-level commitment towards integration and interconnection among continental basis infrastructure that fall within the Kingdom's Vision 2030 which will support the wider integration of Saudi Arabia with regional and international economies." "We, in Saudi Arabia look proudly to the assiduous effort exerted by President Xi Jin Bing intended to fulfill the theme of ‘One Belt, One Road' Initiative. Such efforts align with the resolve and determination shown by King Salman that drive Saudi Arabia towards the actualization of Vision 2030 as they both share several common features and notions", Al-Falih said. The Minister further said, "the potential offered by this unique initiative is immense and promising as the Kingdom is eager to take part in this historical initiative. Vision 2030 and this initiative are top priorities when speaking about economic integration as this would enable us to utilize the Kingdom's unique location at the nexus of three continents, Asia, Africa and Europe. The Kingdom's great and scalable infrastructure is another asset that would ease the flow of goods and commodities very efficiently among the three continents, he added. --More 19:34 LOCAL TIME 16:34 GMT www.spa.gov.sa/1630032