18 French companies intend to invest in healthcare in Saudi Arabia

news image

Beth: The Federation of Saudi Chambers of Commerce in Riyadh hosted yesterday, Sunday, October 24, a French trade delegation representing 18 French companies working in the health field. They met with their Saudi counterparts through a forum organized by the Saudi-French Business Council at the Federation’s headquarters.

The head of the Saudi-French Business Council in the Federation of Saudi Chambers of Commerce, Dr. Muhammad bin Laden, noted; , in the depth of the commercial and economic relations between the Kingdom and France, and said that the French health companies reviewed during the meeting a number of services and expertise they provide, especially in the treatment of medical waste and the operation of hospital systems and equipment, and expressed their willingness to invest in the Kingdom, especially since investment opportunities have become very attractive, with Availability of facilities and openness of the Kingdom to the world, in attracting expertise that enhance the strength and durability of the Saudi market, and support for local content.

For his part, the Vice-President of the Saudi-French Business Council, Fayez Al-Alawit, revealed that the volume of investments of French companies in Saudi Arabia exceeds 70 billion riyals in various sectors, most notably in energy, water, construction and health.

He said that the delegation of visiting French companies came as a specialist in the health sector, which is an important opportunity after the decline of the Corona pandemic to exchange visits.