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Saudi plans to decarbonize ‘important’ for future, says Marubeni CEO

SUZUKI Atsushi, President, and CEO of Marubeni Middle-East & Africa Power Limited. (ANJ)
SUZUKI Atsushi, President, and CEO of Marubeni Middle-East & Africa Power Limited. (ANJ)
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26 May 2024 12:05:29 GMT9
26 May 2024 12:05:29 GMT9

Arab News Japan

TOKYO: SUZUKI Atsushi, President, and CEO of Marubeni Middle-East & Africa Power Limited says Saudi Arabia’s plans for a decarbonized outlook is an important step for the Kingdom.

“I think this is one of the most important steps for Saudi Arabia because as you know Saudi Arabia has a Vision 2030 to decarbonize and for the use of sustainable energy in the Kingdom,” said Suzuki in relation to a wind farm project his company is undertaking.

“As a Japanese company we have provided good capabilities to support Saudi Arabia’s Vision 2030 project of becoming an eco-friendly country,” Suzuki told Arab News Japan. “We believe this is a good step to a partnership between Japan and Saudi Arabia and will also result in Saudi Arabia becoming a big ‘new’ energy exporter not only of oil and gas, but also of new energy, green hydrogen for example.”

Marubeni has partnered with several Saudi companies to expand its presence in the country. “We have already participated in five projects in the power sector in Saudi Arabia, so we will continue to deploy our capacity to make sure that the Saudi Government, our client, will be satisfied.”

The Saudi-Japan Vision 2030 Business Forum wrapped up on May 21 with over 300 industry officials and business leaders from Saudi Arabia and Japan looking to promote both business and cultural exchanges, and to accelerate growth and investment between the two countries.

Saudi participants at the forum spoke of “getting the pulse of what the Japanese markets want from Saudi Arabia,” covering investment, business, sustainability, and the circular economy, as well as soft power fields such as entertainment and gaming.

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