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Eleven Cooperation Agreements Signed with, 4 Licenses Granted to Indian Companies during "Saudi India Forum"
New Published in Saudi Press Agency on 20 - 02 - 2019

The Saudi India Forum launched its works here today coinciding with the current state visit of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense to India, to strengthen the joint cooperation as well as economic and cultural relations which will achieve the goals of sustainable development in various sectors.
The Forum is co-organized by the General Investment Authority, the Saudi Center for International Strategic Partnerships and the Confederation of Indian Industry (CII). It is attended by 400 participants representing the leaders of major economic and investment institutions in the Kingdom of Saudi Arabia and India as well as decision-makers of government institutions.
The Saudi India Forum witnessed the signing of two agreements with SoftBank Vision Fund to introduce investment opportunities in the Saudi market and with Ion Exchange Company in the sector of water treatment and distribution. The two agreements were signed by Governor of General Investment Authority (SAGIA) Eng. Ibrahim bin Abdulrahman Al-Omar. The Forum also witnessed the signing of nine agreements in various sectors including minerals, exploration, entertainment, pharmaceuticals, communications and information technology.
SAGIA also has granted four service, industrial and commercial licenses to Indian companies to practice their investment activities in the Kingdom of Saudi Arabia.

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