26 May 2011, Thursday, 14:22

Saudi Arabia intends to finance Bashkir industry

author: Eugene Rakhimkulov

The Kingdom of Saudi Arabia is ready to invest in Bashkir industry. The President of Saudi Arabia’s Trade-Industry Chamber sheikh Salekh Abdulla Kamel reported at the forum “Big Chemistry” today.

“Our business community will consider any offers on the investment projects in Bashkortostan with real interest” – he stated – “Moreover, our country and your Republic have many common subjects. Your oil mining and processing are well-developed as well as ours. I’m sure the present forum will help Saudi Arabia to establish new partnership relations with Bashkortostan in particular and with Russia in a whole”.