SABIC Vice Chairman & CEO, Yousef Al-Benyan, highlighted advantages and opportunities associated with bilateral co-operation and investment prospects in downstream diversification in Saudi Arabia In Russia recently. His comments were aligned to Saudi Vision 2030 that seeks to reinforce and diversify the capabilities of country’s economy.

Al-Benyan was speaking at a panel discussion on “Enhancing Bilateral Investment” at the Saudi-Russian Business Forum, as part of King Salman’s delegation that was in Russia last week. SABIC is leveraging its existing resources and creating new programs in line with Saudi Vision 2030.

 In his later comments, Al-Benyan, said, “Russia presents key opportunities for global companies such as SABIC. At the same time, a number of economic opportunities are available in Saudi Arabia to foreign investors, particularly in light of the ambitious goals set by Saudi Vision 2030. We clearly value our business relationships in the Russian market and hope to contribute to further boosting bilateral trade between the two countries.”