Saudi Export eyes SAR 47 mln project with Turati Italian

20/11/2014 Argaam

Saudi Industrial Export Company (SIECO) is in talks with Rand Riyadh Trading, the Saudi-based partner of Turati, to invest SAR 47 million in a food packaging project with the Italian company, the company said in a statement to Tadawul.

 

The value of the investment is negotiable, and will be based on SIEC’s studies. The company said that it will determine the project's funding means after its due diligence. 

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