French companies eager to participate in Saudi Arabia’s Imaginative and prescient 2030 improvement applications: Ambassador
RIYADH: French firms are eager on investing in Saudi Arabia’s water sector, in response to the French Ambassador to the Kingdom, Ludovic Pouille.
Chatting with Arab Information on the sidelines of a discussion board titled “Saudi-French strategic partnership for a greater sustainable improvement in water and waste administration,” Pouille stated the occasion will assist reinforce his nation’s relationship with the Kingdom.
The discussion board was organized by Enterprise France and the French Embassy in collaboration with the Kingdom’s Saline Water Conversion Corp., the Saudi Water Partnership Co., the Nationwide Water Co. and the Saudi Funding Recycling Co.
The French envoy described the discussion board as a “nice alternative” for the French firms to find extra in regards to the Kingdom’s Imaginative and prescient 2030.
Enterprise France is a French authorities company created in January 2015 by way of a merger between UBIFRANCE and the French Company for Worldwide Funding.
Chatting with Arab Information, Pouille stated: “This initiative by Enterprise France is welcome, as a result of traditionally France has been an important strategic accomplice of Saudi Arabia within the water sector.
“Right now, we need to convey new firms, particularly SMEs, who might convey improvements, (and) their experience, in very particular areas in water, water therapy, waste administration.
“I’m very completely happy to see that we’ve got nearly 15 French firms as a part of this delegation, most of them discovering Saudi Arabia for the primary time.
“We’ve all of the stakeholders of the Saudi establishments within the water sector current right here. This can be a nice alternative for the French firms to find extra about Saudi Imaginative and prescient 2030.”
We’re capable of join the French firms to Saudi companions in all new fields and sectors of Imaginative and prescient 2030 and to accompany the diversification of the Saudi economic system.
French Ambassador Ludovic Pouille
He added: “This nation will host, within the subsequent 10 years, the biggest tasks in water on this planet. Since French experience is well-known all around the world, it’s crucial to be right here now, and to be a part of these tasks.”
Pouille stated that water is the important thing to improvement, including: “We’ve to maintain water to convey water in a greener approach, in a better approach, and quicker approach, and the French firms are right here to say, sure, we might help you and need to be a part of this journey.
“They’re well-known all around the world. A few of them have already labored right here with large French firms like Veolia, EGIS, Suez, Pam Saint Gobain. And right this moment, what we would like is the world ecosystem of startups, SMEs on this sector to be a part of this partnership.”
The envoy, who opened the discussion board with the SWCC governor, stated: “I’m very glad to have opened the Saudi-French strategic partnership discussion board for a inexperienced and sustainable improvement below the Imaginative and prescient 2030 along with SWCC Gov. Abdullah Ibrahim Alabdulkarim.”
He stated that this occasion is one among many who Enterprise France and the French Embassy will convey to the Kingdom within the coming months.
These will embrace delegations from the well being and fintech sectors — with representatives of 30 firms within the subject of leisure having already visited earlier this 12 months.
“So all this to say that we’re capable of join the French firms to Saudi companions in all new fields and sectors of Imaginative and prescient 2030 and to accompany the diversification of the Saudi economic system, not solely by bringing merchandise, however native content material to convey Saudization, we convey our most important switch of know-how coaching formation,” stated the envoy, including: “We’re right here as companions to spend money on Saudi Arabia.”
The SWCC governor stated: “We intend to discover a approach for brand new options with mutual advantages for all events. On this win-win scenario, we will construct strategic partnerships for sustainable improvement in water and waste administration.
“We aren’t right here to discover a industrial deal, however quite how we will see the affairs of analysis know-how and what we’d like from the market.”
Saudi Arabia has been growing its funding within the clear vitality, energy, and water sector and goals to extend the desalination capability to 7.5 million cubic meters of water per day by 2027.