- Source: GOLDWIND
On February 22, 2019, Goldwind and Saudi Arabian General Investment Authority (SAGIA) signed a Memorandum of Understanding (MoU) in relation to cooperation in the wind energy industrial development. The MoU expresses the willingness of mutually beneficial cooperation between the two parties on wind energy industrial development in the Kingdom of Saudi Arabia. It highlights Goldwind’s interest to investigate the feasibility of investing in localizing wind energy industry. Based on the MoU, SAGIA will support and help Goldwind to develop wind turbine equipment manufacturing in the Kingdom. The MoU also helps Goldwind to create international strategic partnerships with local government in order to benefit on localized wind energy manufacturing, job creation and social responsibility in the Kingdom of Saudi Arabia.