Wednesday 25 April 2018

Tangier is a major city in northern Morocco.

Saudi Arabia to step up investment in Morocco

RABAT, February 22, 2017

Saudi Arabia, under its Vision 2030, plans to increase the volume of its investment in Morocco, said a top official.

Mohamed Fahd Al Ahmadim, head of Moroccan-Saudi Council of Business, was speaking at a preparatory meeting of the council in Casablanca, reported Morocco World News.

The visit of Saudi Arabian businessmen will continue until February 25.

Al Ahmadim noted that the delegation will have a series of meetings with the Saudi Moroccan businessmen and economic figures to discuss aspects of economic cooperation, adding that Saudi Arabia’s Vision 2030 offers important investment facilities.

The visit will also reopen the discussion on the proposed maritime commercial line between the two kingdoms, explained Al Ahmadim, pointing out that this project will undoubtedly boost the volume of trade between the two countries.

Tags: Saudi Arabia |

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