Saudi Ajlan & Bros inks SAR 1 bln deal with China’s Sound Group

18/03/2017 Argaam

Ajlan & Brothers Co., a Saudi Arabian menswear manufacturer, has signed an agreement with China-based Sound Group to set up several joint-ventures in the kingdom with an investment of about SAR 1 billion.

 

The agreement covers water treatment plants across the kingdom and setting up desalination projects in Rabigh, Ajlan & Bros said in a statement.

 

Sound Group provides waste water treatment solutions and water reclaiming and recycling systems.

 

The agreement was signed at the Saudi-Chinese Business Forum during Saudi King Salman’s visit to China.

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