Investment ministry to hold Saudi-Japanese roundtable meeting on Sunday

Investment ministry to hold Saudi-Japanese roundtable meeting on Sunday
Japanese Prime Minister Fumio Kishida is expected to attend the Saudi-Japanese roundtable meeting in Jeddah. (AFP)
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Updated 17 July 2023
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Investment ministry to hold Saudi-Japanese roundtable meeting on Sunday

Investment ministry to hold Saudi-Japanese roundtable meeting on Sunday

JEDDAH: The Ministry of Investment is set to host a Saudi-Japanese roundtable meeting in Jeddah on Sunday, state-run news agency SPA reported on Saturday.

A number of senior officials from both sides are expected to attend the meeting, including Saudi Minister of Investment Khalid Al-Falih, Japanese Prime Minister Fumio Kishida, and representatives from various public and private sectors of both countries.

The event will be held on the sidelines of the prime minister’s official visit to the Kingdom, his first trip to the Middle East since taking office in 2021.

The main objective of the roundtable is to strengthen economic and investment ties between Saudi Arabia and Japan. It aims to explore potential investment opportunities across various sectors, such as petrochemicals, health care, mining, financial services and logistics.

During the meeting, there will be discussions on significant projects in both countries, and the two sides will witness the signing of agreements and memorandums of understanding in several sectors of mutual interest.

Private-sector institutions from both sides will also have dedicated sessions to review areas of cooperation, investment partnerships and exchange of expertise.