Ministry of Investment Participates in Enlit Europe 2021 in Italy

Riyadh, The Ministry of Investment, under the slogon "Invest in Saudi Arabia", is participating in the Enlit Europe 2021, which will be held from November 30 to December 2, 2021, in Milan, within the framework of the Kingdom's pivotal role in the global transformation in the field of energy. A number of Saudi entites will participate including of Saudi Authority for Industrial Cities and Technology Zones (MODON), the Saudi Industrial Development Fund (SIDF), Saudi Aramco, NEOM, and the Saudi Electricity Company.

The Ministry of Investment will highlight, during its participation, the importance of the transformation in the field of energy and the development of public facilities in the Kingdom to achieve its Vision 2030, as the Kingdom seeks to raise the percentage of renewable energy sources from 1% to 50%, based on renewable energy projects within the framework of the National Renewable Energy Program in addition to construction works of the largest green hydrogen project in NEOM.

Source: Saudi Press Agency