Business & Money | Thursday 30 June, 2016 12:04 pm |

Saudi-French Business Council held a meeting here on Tuesday on the sidelines of the visit of Deputy Crown Prince Muhammad Bin Salman, second deputy premier and minister of defense.

A number of ministers and the chairman of the Saudi Council of Chambers, chairman of the Saudi-French Business Council, Saudi and French businessmen as well as representatives of French companies attended the meeting.

Minister of Commerce and Investment Majed Al-Qasabi said that the Kingdom’s Vision 2030 is a catalyst and accelerator for development.

Minister of Finance Ibrahim Al-Assaf highlighted the Kingdom’s keenness to increase non-oil revenues.

He stressed that there is a focus on increasing local content in industry and services.

Minister of Agriculture, Water and Environment Abdurrahman Al-Fadhli stressed that the National Transformational Program aims at real partnership with the private sector.

Minister of Housing Majed Al-Huqail said that Vision 2030 seeks to achieve three strategic goals: Helping citizens obtain housing, developing industry and restructuring the housing sector.

Chairman of the French side of the Saudi-French Business Council Jean-Louis Osad stressed that the French business sector follows with interest the initiatives and programs emanating from Vision 2030.