The first day of the Future Investment Initiative (FII), currently held in Riyadh, witnessed the signing of 23 agreements worth a total of $15 billion by foreign and Saudi companies.
The Saudi Arabian General Investment Authority (SAGIA) said in a statement on Wednesday that one of the aims of the FII was to attract foreign investment to the Kingdom, adding that companies from all continents have signed agreements to invest in an array of fields.
Saudi Aramco announced its intention to establish the Jazan Power Joint Venture. The JV will be 46 percent owned by Air Products, 25 percent by ACWA Power, 20 percent by Saudi Aramco and 9 percent by Air Products Qudra.
沙特阿美公司(Saudi Aramco)在峰会上宣布，其有意成立吉赞电力合资公司。该合资公司股份将由Air Products公司持有46%，ACWA Power持有25%，沙特阿美公司持有20%，Air Products Qudra公司持有9%。
In addition, the Company signed seven MoUs at the FII in Riyadh on Tuesday, including a collaboration MoU worth $1 billion with Tubacex Group, to invest in pipe weld overlay and cladding services manufacturing facilities in the Kingdom. Another MoU was signed between Saudi Aramco and Baker Hughes to collaborate on artificial intelligence and digital transformation, worth $230 million.
此外，沙特阿美公司在FII峰会上签署了七份谅解备忘录，其中包括与Tubacex Group签署的一份价值10亿美元的谅解备忘录，用于投资沙特的管道焊接覆盖层和熔覆服务制造设施。 同时，沙特阿美公司还与Baker Hughes签署了另一份价值2.3亿美元的谅解备忘录，双方将在人工智能和数字转型方面展开合作。
Aramco Senior Vice President of Technical Services, Ahmad A. Al Saadi, reaffirmed the Company’s position, saying: “Saudi Aramco aims to promote business investment opportunities through technology across the Kingdom’s energy services sector ecosystem. The agreements signed today support the Kingdom’s plans to develop industrial zones, create jobs and attract foreign direct investment, as well as drive economic diversification.”
沙特阿美技术服务高级副总裁Ahmad A. Al Saadi重申了公司的立场，他说:“沙特阿美的目标是借由沙特能源服务行业的技术，为本国带来商业投资机会。今天签署的协议将支持沙特在发展工业区、创造就业机会、吸引外国直接投资以及推动经济多样化方面的计划。”
“The MoUs are intended to support Saudi Aramco’s operations and Saudi Arabia’s economic diversification strategy by increasing the efficiency of technology used in upstream, downstream and engineering services. In the long term, these agreements aim to help improve sustainability and technological efficiency throughout the value chain,” the statement added.
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