By: Mahmoud Salah Eldin
Riyadh - Mubasher: Teda Group is currently negotiating with Saudi Aramco to establish an industrial zone in Saudi Arabia, according to Teda Group's CEO.
Wei Jianqing told Mubasher on Tuesday that Aramco has asked to use Teda’s experience in industrial zones in Egypt and China, and that the two companies’ executives are now discussing cooperating in a new industrial zone.
A final agreement has not been reached yet, he clarified.
Teda Group focuses on regional development, real estate, public utilities, financial industry, and modern service industry.
