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HRH Crown Prince Inaugurates National Industry Development and Logistics Program in Riyadh 2

During the ceremony, 37 agreements and memorandums of understanding were signed, in addition to another 29 agreements and memorandums of understanding, which were declared and to be signed, later on, between the government agencies and private sector institutions.

The total value of these agreements and memorandums of understanding is estimated at about SR205 billion.

On the other hand, more than 25 agreements and memorandums of understanding have been signed on the sidelines of the "Future Investment Initiative 2018" forum, with a total value of about SR210 billion, including SR165 billion is a part of the National Industry Development and Logistics Program.

The ceremony was attended by Prince Faisal bin Bander bin Abdulaziz, Governor of Riyadh Region, and a number of princes, ministers and senior officials in addition to businessmen and investors from a number of countries.

Source: Saudi Press Agency

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