Suzhou Kida Technology Co., Ltd. officially reached a strategic cooperation with Nesma Sat and N&B, a subsidiary of Bahra Company, and the two sides agreed to establish a joint venture company, with a total investment of about 50 million US dollars in the first phase of the project.
The newly established joint venture will establish a fully automated and intelligent manufacturing center in Saudi Arabia to jointly explore development cooperation in the fields of smart city, smart transportation, emergency command, smart education and social security. The strategic cooperation agreement was signed in Suzhou on behalf of both parties by Mr. Chen Donggen, Chairman of the Board of Directors of Suzhou Keda, Mr. Tao Jun, General Manager of Keda Overseas Branch, Mr. Salah Al-Sunaid, CEO of Nesma, and Mr. Fahad Idris, CEO of N&B.
Suzhou Keda Technology enters into strategic cooperation with N&B
