Saudis sign deals to advance work on Saudi-Korean village

The Saudi-Korean village project will have around 22 factories serving medical, renewable energy, digital, and heavy industries

  
A man walks on a nearly empty street amid tightened social distancing rules due to the coronavirus disease (COVID-19) pandemic in Seoul, South Korea, July 12, 2021.

A man walks on a nearly empty street amid tightened social distancing rules due to the coronavirus disease (COVID-19) pandemic in Seoul, South Korea, July 12, 2021.

REUTERS/ Heo Ran
 
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.

Copyright: Arab News © 2021 All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.

More From Energy