The Government of the Kingdom of Saudi Arabia and the Government of Malaysia (herein after referred to as the “Contracting Parties”); 

Desiring to intensify economic cooperation between both Countries, intending to create favourable conditions for investments by investors of either Contracting Party in the territory of the other Contracting Party; 

Recognising that the reciprocal promotion and protection of such investments are apt to stimulate private business initiative and to increase the prosperity of both Countries; 

Have agreed as follows: