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RIYADH: The National Industrial and Developing Center (NIDC) has signed a cooperative agreement with the Saudi International Industrial Village Company (SIIVC) on Wednesday, to provide knowledge support for Korean investors, SPA reported.
The aim of this deal is to contribute to the localization of some promising industries, and to promote integration between the relevant authorities for the development of the industrial sector in the Kingdom.
The Saudi-Korean village project will have around 22 factories serving medical, renewable energy, digital, and heavy industries.
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