International cooperation in production capacity between China and the Kingdom of Saudi Arabia is moving to a new level, the cooperation project in production capacity has been officially launched in Shenzhen Industrial City
Relevant persons in charge of Yinchuan Economic Development
Relevant persons in charge of Yinchuan Economic Development Zone attended the launching ceremony of the Saudi Plastic Optical Intelligent Electronic Industry Manufacturing Base project held in Jubail, Saudi Arabia through online remote connection. Photo courtesy of Yinchuan Economic Development Zone
Relevant persons in charge of Yinchuan Economic Development Zone attended the launching ceremony of the Saudi Plastic Optical Intelligent Electronic Industry Manufacturing Base project held in Jubail, Saudi Arabia through online remote connection. Photo courtesy of Yinchuan Economic Development Zone
Yinchuan, November 18A reporter learned from Yinchuan Economic and Technological Development Zone on the 18th that Mai Xinfu, director of the Yinchuan Economic and Technological Development Zone Management Committee, attended the meeting in Jubail, Saudi Arabia via online remote connection that day. The kick-off ceremony of the Shengong New Materials Saudi Plastic Optical Intelligent Electronic Industry Manufacturing Base Project (hereinafter referred to as “Shenzhen New Materials Saudi Production Capacity Cooperation Project”).
Shenzhen New Materials Saudi Production Capacity Cooperation Project
It is reported that the total investment of the project is 892 million US dollars. The project will be completed in three phases. After reaching production capacity, it will realize 1 million tons of new materials based on PP, PC, etc., and 120 million sets of general and intelligent electronic products per year.
“The initiation of the Saudi Arabian Capacity Cooperation Project of Shenzhen Industrial New Materials indicates that China-Saudi Arabia’s international capacity cooperation has entered a new stage and a new journey in the field of new materials. This will strongly promote China-Saudi Arabia capacity cooperation to a higher level and broader fields.
Comprehensive cooperation.” Mai Xinfu said, since the start of the China-Saudi Arabia international capacity cooperation in 2016, the parties involved in the Sino-Saudi cooperation have carried out fruitful and in-depth cooperation in the spirit of friendship, mutual benefit, and pragmatism.
The successful launch of Saudi Arabia’s production capacity cooperation project
The successful launch of Saudi Arabia’s production capacity cooperation project has laid a good start for cooperation in various fields between Guangdong and Ningxia provinces and the Chinese Enterprise Special Development Zone of Saudi Arabia’s Jizan Industrial Park.
As another benchmark project of China-Saudi Arabia international production capacity cooperation, the Saudi Arabian Production Capacity Cooperation Project of Shenzhen Industrial New Materials will play a demonstrative role in the development of non-oil industries in Saudi Arabia, and also effectively promote the development speed of local enterprises and surrounding enterprises, and help The regional economy has achieved high-quality development.
China-Saudi Arabia international production capacity cooperation
“In recent years, under the’Belt and Road’ initiative and Saudi Arabia’s ‘2030 Vision’, the economic and trade cooperation between the two countries has continued to develop in a deep-level direction. The increasingly close friendly cooperation has enabled the steady and orderly development of various tasks in China-Saudi Arabia international capacity cooperation.
And achieved a series of achievements.” Gu Xiaobin, chief economist of the Guangzhou Development Zone Management Committee who also attended the launching ceremony via online remote connection, said that in the future, we will continue to cooperate with Saudi Arabia’s Jubail, the Royal Commission of Yanbu, and Yinchuan Economic The technology development zone unites and cooperates to provide efficient, convenient and high-quality services for the Saudi Arabian capacity cooperation project of Shenzhen Industrial New Materials, actively promotes project construction, and sets a model for China-Saudi Arabia international capacity cooperation to achieve mutual benefit and win-win results.
At present, it is an important historical moment for the 30th anniversary of the establishment of diplomatic relations between China and Saudi Arabia and the G20 summit held by Saudi Arabia.
China-Saudi Arabia international capacity cooperation
China-Saudi Arabia international capacity cooperation In the context of the comprehensive and in-depth development of bilateral relations between China and Saudi Arabia, Yinchuan Economic and Technological Development Zone will join hands with Guangzhou Development Zone to fully support investment in Saudi Arabia.
Chinese companies in China provide various services for project construction to ensure that the project can be put into production and achieve results as soon as possible, and promote China-Saudi Arabia international capacity cooperation to a new level.
