News Column

Alwaleed urged to raise investments in Taiwan

May 26, 2014

Arab News, Jeddah, Saudi Arabia



May 26--JEDDAH -- Prince Alwaleed bin Talal, chairman of Kingdom Holding Company (KHC) received at his office, Lin Jinn-Jong, Taipei cultural and economic representative in Saudi Arabia.

He was accompanied by Teng Sheng-ping, assistant director-general, Department of West Asian and African Affairs, Ministry of Foreign Affairs, Republic of China (Taiwan), Hungdah Su, directrer general, European Union in Taiwan, Jenn-hwan Wang, chair professor, National Chengchi University and Prof Kenneth Kaocheng Wang, Tamkang University.

Fahad bin Saad Bin Nafel, executive assistant to the chairman, also attended the talks.

The meeting began as Jong thanked Prince Alwaleed for giving him the opportunity to meet with him.

Jong discussed a number of social and economic issues during the meeting .

Jong commended Prince Alwaleed on his efforts in playing a vital role in economic development and invited the Prince to further invest in his country in light of the prince's local, regional and international investments.

The prince's investments in Taiwan through Kingdom Holding include the Grand Formosa Regent in the hotel sector through the management of Four Seasons Hotels and Resorts, and in Citigroup through the financial sector.

Jong presented the prince with a symbolic gift.

Prince Alwaleed thanked Jong and promised to visit his country in the near future.

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(c)2014 the Arab News (Jeddah, Saudi Arabia)

Visit the Arab News (Jeddah, Saudi Arabia) at www.arabnews.com

Distributed by MCT Information Services


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Source: Arab News (Saudi Arabia)


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