Aramco Asia has recently organized a series of events in the Asia-Pacific region to promote Saudi Aramco’s iktva localization program and attract Asian investors and suppliers, according to a company statement.

Two forums were held in Tokyo and Shanghai in July and August, respectively, with a third forum planned in New Delhi in December.

Aramco signed two separate agreements with the China Overseas Development Association (CODA) and TEDA Holding to collaborate to advance the iktva program and explore investment opportunities in Saudi Arabia by bringing potential Chinese investors to Saudi Arabia.

“Aramco Asia is committed to support iktva by working with key suppliers across Asia to attract investments into the Kingdom and enhance the development of a diverse, sustainable, and globally competitive energy sector in Saudi Arabia,” said Aramco Asia President, Anwar Al-Hejazi.