Riyadh - Sharikat Mubasher: Skytower Investments, a renewable technology, green manufacturing, supply chain, and green power production investment company, is actively exploring new partnerships to advance carbon and green hydrogen technologies.

Skytower Investments predicted Saudi Arabia attracting more investments in upcoming projects, creating opportunities for global companies and boosting job growth, according to Asharq Al-Awsat Newspaper.

This supports Saudi Arabia’s role as a driver of sustainable growth in the region, with plans underway to foster green economy development.

The investment company has backed a recent agreement between Riyadh and Washington for a transcontinental green trade corridor to facilitate trade and climate adaptation strategies.

Saudi Arabia promotes this initiative globally, benefiting neighboring and South Asian countries. It aims to expand green supply chains, green manufacturing, and digital transformation, contributing to a sustainable future.

Hydrogen production is seen as economically valuable for Saudi Arabia, leveraging its abundant natural resources and young, dynamic population.

The Kingdom’s green potential lies in its high-quality silica resources for green energy production and advanced manufacturing.

Neil Bush, Chairman of Skytower Investments highlighted ongoing efforts to strengthen partnerships and support Saudi Arabia’s economic goals under Vision 2030. This includes promoting green energy, green hydrogen, and carbon economy technologies.

Eric Fang, CEO of Skytower Investments aligned current efforts with Saudi Arabia’s strategy to support local, regional, and global development, focusing on high-quality job creation in the green industry.

Skytower Investments plans to invest further in specialized global technologies, collaborating with public and private sectors in the Kingdom.