Tuesday, 02 January 2024 12:17 GMT

MATRADE calls on Malaysian firms to expand to KSA's Medina


(MENAFN) Malaysian-based firms ought to consider digging for opportunities in the Saudi city of Medina for various areas, including construction and infrastructure, affirmed the Malaysia External Trade Development Corporation (MATRADE).

Saudi Arabia is currently experiencing a massive revolution as it seeks to achieve Saudi Vision 2030, noted deputy CEO of MATRADE Sharimahton Mat Saleh.

In a statement, the deputy CEO noted "in the vision, Saudi Arabia will roll out various initiatives to reduce the nation's dependency on oil, diversify the economy, and develop public service sectors such as health, education, infrastructure, recreation and tourism."

Saleh added "this only means there are ample opportunities for Malaysian companies to explore, beyond the traditional sectors."

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