Acwa, an energy and water desalination company based in Riyadh, Saudi Arabia, will step up investments in China over the next five years as it seeks to deepen its presence in renewables, water desalination and green hydrogen, a senior executive said.
The company remains confident in China’s medium — and long-term economic prospects despite rising global uncertainties, said Saleh Khabti, president of Acwa China, in a recent interview with China Daily.
“We deeply believe in China’s long-term prospects,” Khabti said at the China Development Forum 2026 in Beijing. “China has demonstrated its ability to navigate challenges while sustaining growth and social development on a large scale, which gives long-term investors strong confidence in the market.”
That confidence, he said, is closely linked to the opportunities created by the country’s green transition.
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