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FINANCIAL NEWS
Indonesia, Egypt attract Saudi investors
27 Dec 2016
(MENAFN) Indonesia proclaimed that mutual trade between Indonesia and Saudi Arabia is predicted to grow to SR17bn by 2020 under the new Saudi plans to spread economy.
In addition, Indonesia is ready to offer many products to Saudi Arabia in order to guarantee food security, while the kingdom is on top of the list of Indonesian commercial transactions.
Recently, the kingdom invests SR5.9bn in tourism, agriculture, livestock and hotels, while it will co-op with their counterpart in Indonesian chambers of commerce.
Commercial consul of Egypt, called on Saudi investors to make ties with the Egyptian contracting firms that have experience in many infrastructure projects.
M
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