UN envoy to Yemen welcomes announcement by Joint Forces Command of the Coalition to Restore Legitimacy in Yemen on ceasefire in Yemen    Bahrain Bourse falls    Saudi Stock Market index rises to 6999.34 points    In Implementation of Directives of Custodian of the Two Holy Mosques, Extending the Period of Using Exit and Re-Entry Visas Free of Charge for Expatriates Inside the Kingdom    Asian shares mixed    Oman announces 48 new COVID-19 cases    UAE announces recovery of 19 patients, 283 new cases of COVID-19, one death    Saudi Press: Saudi Arabia Continues Precautionary Measures to Safe Health of Citizens and Residents from Coronavirus    Weather Forecast For Wednesday    Some 20 million jobs in Africa at risk from coronavirus impact, study shows    GCC Interior Ministers hold emergency meeting with participation of Prince Abdulaziz bin Saud bin Nayef    Saudi Stock Market index rises to 6986.40 points    Host Bids for AFC Asian Cup 2027 Extended    Bangladesh reports first coronavirus death    Senior Scholars Council Issues Decision No. 246 Regarding Attendance of Friday Prayer and Prayers at Mosques in a Case of Spread of Epidemic or Fear of its Spread    Saudi Aramco International Women's Golf Championship receives more than 100 international players    Liverpool ride early jolt to return to winning ways    Saudi Arabia to Host First Professional Women Golf Tournament    Hail Region Governor to Patronize 2020 Diabetes and Obesity International Conference    Winter at Tantora Celebrates Eastern and Western Culture as AlUla Embraces a Night of Persian Music    Saudi Health Economics Experts Dialogue Forum Held in Riyadh    Custodian of the Two Holy Mosques Addresses Citizens and Muslims on Eid Al-Fitr    Custodian of Two Holy Mosques addresses Citizens and Muslims on the Advent of Holy Month of Ramadan    Ministry of Hajj and Umrah Launches Awareness Message on Sacrifice Day    Newcastle Beat West Ham 3-0 for their first Win of the Season    Mourinho insists Ibrahimovic must be good enough for Manchester United    Reforms have saved the economy from possible recession, say analysts    The King and Crown Prince congratulates Moldova's President    More than 1,5 million pilgrims arrive in Saudi Arabia, so far    MWL allocates SR 7 million for Eid sacrifice project in 47 countries    Saudi Campaign provides educational and training services for Syrians in Al-Za'tari camp    Saudi student goes missing in Kentucky, US    Harvey lashes Texas US coast with high wind, torrential rain    North Korea tests short-range missiles as South Korea, US conduct drills    Samsung leader Jay Y. Lee given five-year jail sentence for bribery    Known days    "MODON" Signs MoU with Chinese Goldwind Company for wind-turbines manufacturing in the Kingdom    Flyadeal, Saudi Arabia's new low-cost airline, scheduled to launch on September 23, reports    Mastercard launches Masterpass in the Kingdom of Saudi Arabia    Honda among 27 Japan players named for World Cup qualifiers    Joker, Harley Quinn movie in works with 'Crazy Stupid Love' filmmakers    Madhuri Dixit to venture into Marathi films as a producer    Consumers warned against using some brands of face powder, hair products    How 'GOT' makers made the frozen lake in 'Beyond the Wall'    Shraddha Kapoor wants people to help the needy    Neymar targets improvement after phenomenal home debut    Politicizing the pilgrimage    Rakhi 2017: "Bond of Love" between a brother and his sister    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.





"MODON" Signs MoU with Chinese Goldwind Company for wind-turbines manufacturing in the Kingdom
Published in Alriyadh on 25 - 08 - 2017

Saudi Industrial Property Authority (MODON) and National Industrial Clusters Development Program (Program) have signed here a Memorandum of Understanding with Goldwind Science & Technology Co., Ltd., a Chinese company specializing in the manufacturing of wind turbines and accessories, to assist the company in an effort to explore investment opportunities in this field in the Kingdom.
The three-party Memorandum of Understanding on the sidelines of the Saudi-Chinese Investment Forum, which took place on Thursday at Ritz Carlton Hotel in Jeddah, was signed by Director of Marketing and Corporate Communications Bandar Al-Toaimi, and Vice President Plastics and Chemical sector Engineer Tariq Buksh, while the Executive Vice President of Goldwind Science & Technology Co., Ltd. Wu Kai, signed on behalf of the Chinese company.
The Memorandum states that "MODON" will allocate land to the Chinese company in its industrial cities, whereas the National Industrial Clusters Development Program will assist the company in identifying investment opportunities and supporting its search for local partners.
Al-Toaimi praised the role of partnerships in the implementation of the Kingdom's vision 2030, its ability to stimulate industrial growth in the Kingdom and create the right environment by bringing international expertise, knowledge transfer and localization.


Clic here to read the story from its source.