On the morning of October 30, Prime Minister Pham Minh Chinh worked with large Saudi Arabian enterprises to promote investment cooperation while attending the 8th Future Investment Initiative (FII) Conference organized by Saudi Arabia.
During a meeting with the leaders of Zamil - the largest industrial investment group in Saudi Arabia with presence in 60 countries around the world - the group's leaders thanked the effective support of the central and local governments of Vietnam for Zamil.
Zamil has invested in Vietnam since 1993 and now has 3 production facilities, with output accounting for 70% of steel export output in Southeast Asia. During the favorable investment process in Vietnam, Zamil realized that Zamil's identity is consistent with Vietnamese values; wishing to expand investment in Vietnam.
The Prime Minister suggested that, along with expanding production, the group should continue to diversify products, diversify supply chains, and diversify distribution chains of Zamil products; promote the application of science, technology, and digital transformation for green production, clean production, environmental protection, and sustainable development. The Prime Minister suggested that Zamil invite more Saudi Arabian and international enterprises to invest and do business in Vietnam...
Next, Prime Minister Pham Minh Chinh worked with leaders of the Saudi Arabia Agricultural and Livestock Investment Company - SALIC.
Appreciating Vietnam's development strategy as well as important foundations that facilitate businesses to invest and develop smoothly and effectively, the leader of SALIC Company said that it has indirectly invested in Vietnam through partners. Accordingly, the company has imported and distributed to other countries about 100,000 tons of Vietnamese goods.
The company representative said that SALIC carries out the mission of global food security, is the largest red meat exporter in South America, exporting to more than 100 countries, SALIC wishes to expand cooperation and investment in Vietnam, especially in the production, processing, and export of rice, animal feed, poultry, livestock, and aquaculture; and is willing to share technology and exchange experiences with Vietnamese partners in this field.
Welcoming SALIC Company's investment policy in Vietnam, Prime Minister Pham Minh Chinh said that Vietnam is continuing to improve its institutions, towards fairness and transparency; prioritizing priority areas according to new development trends; promoting strategic infrastructure breakthroughs including hard and soft infrastructure, towards "open policies, smooth infrastructure, smart governance". Along with that, Vietnam ensures political stability, security and defense so that businesses can confidently have a hundred-year investment strategy in Vietnam without having to worry.
Welcoming SALIC's cooperation and investment in Vietnam, especially in the agricultural sector, the Prime Minister requested SALIC to send a working delegation to conduct field research and work specifically with relevant Vietnamese agencies to have specific projects.
