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NDF and PPI France sign cooperation deal

NDF and PPI France sign cooperation deal

The National Development Fund of the Kingdom of Saudi Arabia signed a Memorandum of Understanding with the French investment bank "BPI France" to promote strategic cooperation in the fields of development financing and investment. This took place during Crown Prince Mohammed bin Salman's visit to France. The memorandum aims to explore opportunities for joint financing, exchange expertise, and develop sustainable financing models to support priority sectors and stimulate private sector participation, thereby contributing to the achievement of Saudi Arabia’s Vision 2030 goals and fostering economic growth and sustainable development. This step marks an important milestone in strengthening the partnership between the Kingdom and France in the areas of finance and innovation, translating cooperation into tangible projects and investments that enhance the national economy.

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