In a written statement made by the Spanish Ministry of Industry, Trade and Tourism, it was reported that the signing ceremony in Riyadh was attended by Industry, Trade and Tourism Minister Reyes Maroto, Saudi Arabian Deputy Defense Minister Khalid bin Hussein El Bayari, Navantia President Ricardo Dominguez.
In the information given to the press, it was noted that the agreement signed on the purchase of 5 warships by Saudi Arabia from Navantia will take its final form in 2023.
Regarding the agreement, Spanish Minister Maroto said, “With this agreement, which is the result of intensive work between the governments of both countries, a very important step has been taken to ensure the workload of Navantia’s shipyards in Spain, especially in San Fernando (Cadiz), for the next few years. ” made its assessment.
Emphasizing that Navantia is a world leader in the design and construction of high-tech military and civilian ships, Maroto noted that with this agreement with Saudi Arabia, Spain continues its technological and industrial commitment in this sector.