Investment Ministry Wraps up Participation in Enlit Europe 2021 Summit

Thursday 1443/4/27 - 2021/12/02
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Riyadh, December 02, 2021, SPA -- The Ministry of Investment concluded its participation in the Enlit Europe 2021 Summit, which was held from November 30 to December 2, 2021, in Milan, Italy, with the participation of the Saudi Authority for Industrial Cities and Technology Zones (MODON), the Saudi Industrial Development Fund (SIDF), Aramco's In-Kingdom Total Value Add (IKTVA), NEOM, and the Saudi Electricity Company.
The Saudi entities participated under the slogan "Invest in Saudi Arabia", which represents the unified national identity to market and attract investments to the Kingdom. During its participation, the Ministry of Investment highlighted the importance of the energy transformation and the development of public facilities in the Kingdom to achieve Vision 2030, as the Kingdom seeks to raise the proportion of renewable energy sources from 1% to 50%, based on renewable energy projects within the National Renewable Energy Program, in addition to the construction of the largest green hydrogen project in NEOM.
As part of its participation in the exhibition accompanying the summit, the Ministry conducted several dialogues and discussion panels, allowing investors to be more acquainted with partnerships and available investment opportunities, in addition to highlighting the products and services provided by the Ministry.
Other participating parties provided discussions and dialogue sessions in the events and familiarized the visitors to the "Invest in Saudi Arabia" pavilion, with the services and products offered by each entity to investors.
The Enlit Europe 2021 Summit is a global platform for cooperation and innovation, and a platform for discussing relevant energy issues and challenges in Europe and the world.
--SPA
18:22 LOCAL TIME 15:22 GMT
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