The National Infrastructure Fund (Infra) agrees MoU with the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Infra and ICIEC sign an MoU to boost cooperation on securing investment and export credit for key Saudi infrastructure projects, strengthening growth and supporting Vision 2030.
April 30, 2024
The National Infrastructure Fund (Infra) and the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) have signed an MoU during the IsDB Group Annual Meetings held at the King Faisal Convention Center, at the InterContinental Hotel Riyadh, from April 27th to 30th of this year.
The memorandum aims to enhance future cooperation between both Infra and ICIEC to support the delivery of critical infrastructure projects, securing investment and export credit within the Kingdom, contributing to encouraging more business, increased volumes of investments, and employing capabilities, ultimately supporting the economic development of the Kingdom of Saudi Arabia.
The agreement was signed by Infra Chief Executive Officer Eng. Esmail Alsallom and ICIEC Chief Executive Officer Mr. Oussama Kaissi, with IsDB President and Group Chairman H.E Dr. Muhammad Al Jasser presiding.
The agreement aims to facilitate:
- Exploration of opportunities for infrastructure projects within the Kingdom that are of mutual interest.
- Institutional cooperation and knowledge exchange with participation in events related to relevant sectors.
- Continuation of dialogue that contributes to achieving the Kingdom’s developmental objectives.
The memorandum aims to enhance future cooperation between both Infra and ICIEC to support the delivery of critical infrastructure projects, securing investment and export credit within the Kingdom, contributing to encouraging more business, increased volumes of investments, and employing capabilities, ultimately supporting the economic development of the Kingdom of Saudi Arabia.
The agreement was signed by Infra Chief Executive Officer Eng. Esmail Alsallom and ICIEC Chief Executive Officer Mr. Oussama Kaissi, with IsDB President and Group Chairman H.E Dr. Muhammad Al Jasser presiding.
The agreement aims to facilitate:
- Exploration of opportunities for infrastructure projects within the Kingdom that are of mutual interest.
- Institutional cooperation and knowledge exchange with participation in events related to relevant sectors.
- Continuation of dialogue that contributes to achieving the Kingdom’s developmental objectives.