Al-Falih: Saudi Arabia to become world’s No.1 exporter of green hydrogen

KHOLOUD.HUSSEIN
Dec 25, 2023

Riyadh – Sharikat Mubasher: Saudi Investment Minister Khalid Al-Falih on Monday reiterated the Kingdom’s commitment to promote green energy and vowed to become the world’s No. 1 exporter of green hydrogen.

The announcement occurred on the sidelines of the Saudi-Japan Investment Forum 2023 in Riyadh.

During the event, Al-Falih highlighted the strategic ties between the two countries. He also said that Japan is the first country to have received a consignment of blue ammonia from Saudi Arabia.

“We look forward to displaying this dynamic relationship at EXPO 2050 in Osaka. We hope to see our Japanese partners taking part in EXPO 2030 in Riyadh… We are sure that the Japanese pavilion at the expo will be memorable,” Al-Falih added.

He further noted that the partnership between the two countries has reached an important point, “as we are halfway since the launch of our joint vision in 2016” that seeks to take bilateral ties to the next level.

During the forum, as many as 14 memorandums of understanding and agreements will be signed. These deals will cover several key areas including healthcare, water, energy, and communication.

“I am glad to see the private sector from both nations participating. The private sector is one of the bridges, if not the most important bridge, to boosting relations between the two nations,” the minister added.


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