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Press Dossier   News Category    Legal    Saudi Arabia signs MoU with Belt and Road Office of Hong Kong

Arab News

Arab news, Sun, Aug 31, 2025 | Rabi al-Awwal 8, 1447

Saudi Arabia signs MoU with Belt and Road Office of Hong Kong

Saudi Arabia: Saudi Arabia signed a memorandum of understanding with the Belt and Road Office under the government of the Hong Kong Special Administrative Region of China.

The MoU aims to enhance information exchange in infrastructure and construction, and facilitate the entry of Hong Kong professional services into the Saudi market.

The strategic step opens new horizons of cooperation, expands economic relations and attracts quality investments in promising sectors under Vision 2030.

Witnessed by Saudi Minister of Investment Khalid Al-Falih and Hong Kong Chief Executive John Lee Ka-chiu, the agreement was signed by Hong Kong Commissioner for Belt and Road Nicholas Ho Lik-chi and Fahad Al-Hashem, assistant deputy for services sectors at the Saudi Ministry of Investment.

This week, Al-Falih led a Saudi delegation on an official visit to China. Bilateral trade exceeds $100 billion annually, making China the Kingdom’s largest trading partner.

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