Suwaidan, who highlighted the success story of the joint Saudi-Belgian investments. "We began our investment through a Dammam-based Saudi Transformers Company with "BCG" (Belgium) in 1980 to produce electrical transformers which achieved annual sales of one-and-a-half million (U.S.) dollars. In 2010, its sales reached $213 million with production accounting for 18,000 electrical transformers, which have been marketed in Saudi and Gulf markets. This success is an evidence of good investment environment provided by the Saudi government to investors," Al-Suwaidan said.
