The Saudi Basic Industries Corporation (SABIC) is seeking to expand collaboration with the business sector in Singapore, and to continue to be a reliable source of quality products and services to Asia. This strong interest in Singapore and Asia, SABIC’s largest market, was conveyed by Prince Saud bin Abdullah bin Thenayan Al-Saud, chairman of SABIC and the Royal Commission for Jubail and Yanbu, and SABIC Vice Chairman and CEO Mohamed Al-Mady to Lee Yi Shyan, Singapore’s senior minister of state, Ministry of Trade and Industry, and National Development, during his visit to SABIC headquarters in Riyadh on March 20.
SABIC’s Asia operations, which have been experiencing a strong double-digit growth, are headquartered in Singapore. The two sides exchanged views on how to further these business relations, Singapore being the hub of SABIC’s regional operations.
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