• Expectations of higher nuclear investment between Riyadh and Paris to 50 billion dollars

    19/01/2014


    Expectations of higher nuclear investment between Riyadh and Paris to 50 billion dollars




    Bertrand Bezansno French Ambassador expected in Saudi Arabia, to exceed the size of joint ventures between Saudi Arabia and France in the nuclear field, the $ 50 billion, in several stages. Bezansno said: that there are agreements between Saudi Arabia and France in the nuclear field in 2011, and there's a joint meeting to be held in the next three months. This came after French Ambassador Inauguration ceremony of factory Valorik Arabic-Saudi pipeline, between two Saudi and French, in the second industrial city of Dammam.

    He added that the French President on his recent visit to Saudi Arabia focused on Saudi-French partnerships in the industry with advanced technology. There were more than 70 French companies in Saudi Arabia, with about 20,000 employees. 
     The French Ambassador said that France was the third partner for Saudi Arabia, and the French Government is working on this partnership and investment between the two countries. He also said more investment in France is concentrated in the real estate sector, saying: ' we are working with our partners, in the area of investment in the industry with advanced technology.
    Bezansno predicted the high number of Saudi students in France in the coming years, to 4,000 students, after the conclusion of the agreement between the French universities 70 and the Ministry of higher education. 
     The French Government encourages Saudi students to study in France, having increased the number of Saudi students studying abroad to 1,400 students, 100 students only six years ago.

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