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FINANCIAL NEWS
Saudi, Malaysia to boost SR50bn worth trade ties
06 Mar 2017
(MENAFN) The Saudi Malaysia Business Council plans to help increase trade between both sides to SR50bn amid the coming five years.
Additionally, the value of trade between both nations is almost SR15bn but the recent level does not meet their ambition.
Moreover, the council also aims to establish a center in Malaysia to accommodate the Kingdom’s date exports, which will be the largest in the world of its kind.
The council also intends to grab different Malaysian industries to open factories in the kingdom involving car, airplane and engine manufacturers.
MENAFN0603201700450000ID1095291569
MENAFN0603201700450000ID1095291569
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