HONG KONG SAR – EQS Newswire – December 12, 2023 – On December 10, Khalid Al-Falih, Saudi Minister of Investment, who participated in the PRIORITY “Future Investment Initiative” summit in China, met with the Minister of Industry and Information Technology Jin Zhuanglong and Commerce Minister Wang Wentao in Beijing. He also took time to meet with Zhu Gongshan, Chairman of GCL Group, to have an in-depth exchange and dialogue on strategic cooperation, including the implementation of GCL’s FBR granular silicon project in Saudi Arabia.
Khalid Al-Falih said that the current international community and economy are undergoing rapid changes and the geopolitical landscape is becoming complicated. How Asia, led by China, will influence and drive global development is attracting growing global attention. At present, the international community is entering the carbon, digital and AI era, and new energy and digitalization will redefine globalization 2.0. The Saudi government and the Saudi Arabia Public Investment Fund (PIF) attach great importance to cooperating with GCL in the new green energy and high-tech materials sector. Hoping that the two sides will continue to expand exchanges and cooperation, actively engage in strategic alignment, and achieve mutually beneficial development in the future.
Falih said that GCL is a trusted strategic partner of the Saudi government and relevant Saudi departments will fully support GCL’s investment in Saudi Arabia and accelerate the signing of a cooperation agreement between the Public Investment Fund (PIF) of Saudi Arabia and GCL in construction. FBR granular silicon facilities in Saudi Arabia, and we are striving to start construction as soon as possible and commissioning as soon as possible. At the same time, the two sides will establish a special group for the Saudi GCL project to provide all-weather support, ensure the rapid implementation and production of the project, and provide more green and low carbon emissions to Saudi Arabia and the Middle East. region.
Zhu Gongshan said the profound progress of China’s “One Belt, One Road” initiative has brought a unique strategic opportunity for China’s new energy industry in Saudi Arabia and the Middle East, highlighting the importance of global connectivity. Currently, the GCL Group is accelerating its progress in internationalization. GCL is ready to work with Saudi Arabia, relying on technology, innovation, talent and other advantages to leverage the unique advantages of GCL granular silicon FBR and other “photovoltaic technologies of tip” to achieve energy and carbon savings. reduction and provide an inexhaustible source of silicon-based green energy, thereby contributing to Saudi Arabia’s energy transition.
Executives from the Saudi Ministry of Investment and Lan Tianshi, Co-CEO of GCL Technology, attended the above-mentioned activities.
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