CEEC and JSG Saudi Arabia Sign Agreement on Brine Utilization Project, Advancing Belt and Road and Saudi Vision 2030 Cooperation

On June 13, 2024, China Energy Investment Corporation signed an investment development agreement with JSG Saudi Arabia for a comprehensive brine utilization project. This project leverages green seawater desalination technology to address brine discharge pollution while meeting Saudi Arabia's daily and industrial water needs. The project's successful approval marks a significant step in the deep cooperation between China and Saudi Arabia under the Belt and Road Initiative and Saudi Vision 2030. Representatives from the Public Investment Fund's (PIF) recycling investment company SIRC and Shuangliang Group witnessed the signing ceremony. China Energy stated that it will utilize its comprehensive industrial chain advantages to expedite the project's implementation and set a new industry benchmark.