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03/03/2017 - 20:00hs

Goiás state governor meets with Saudi prince

Marconi Perillo of Goiás, Brazil went over prospective investment targets in his state. King Salman’s brother Muqrin Bin Abdulaziz Al Saud expressed willingness to work on ties with Goiás.

São Paulo – Currently in a Middle East trip, a delegation of Goiás state government officials led by governor Marconi Perillo convened on Thursday (2) with the Saudi prince Muqrin Bin Abdulaziz Al Saud in the latter’s farm near Riyadh. The purpose was for the parties to get to know one another and discuss what their interests are, according to the Goiás government website.

“The Saudi government showed strong interest in the economy of Goiás, in the state’s agribusiness, in our government’s work in the energy sector, and in logistics infrastructure modernization works, which have made Goiás a more competitive state within the country due to its strategic location,” Perillo told the website.

Both sides presented numbers, economic and social indicators, and the investments that Goiás hopes to receive and Saudi Arabia intends to make. According to Perillo, the state is open to foreign investment in the areas that are priorities for the Saudis.

Al Saud indicated an intention to build a connection with the government of Goiás, and was invited to make a visit. According to Perillo, he will do his best to send a Saudi business mission to Goiás soon.

“This business mission to the Middle East lay the groundwork for relations in culture and trade with the region’s countries, especially Saudi Arabia, with which our talks regarding trade are increasing significantly,” said Marconi. “Prince Muqrin welcomed us in a very gentle, hospitable way and made clear his intention to broaden our bilateral dialogue via our governments and representations.”

According to the government of Goiás, from 2014 to 2016, the state exported USD 220 million worth of goods to Saudi Arabia, and imported USD 46 million.

Before visiting the prince, Perillo and his delegation had a meeting with investors and executives from local organizations including Arab Engineers, a manufacturer of electricity industry parts. Also in attendance were executives from Saudi Services For Electro Mechanic, which invests in infrastructure and energy. The goal was to look into potential investment opportunities in the state.

*Translated by Gabriel Pomerancblum

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