Saudi FM discusses Syria's security and stability with Ahmed Al-Sharaa    Governor of NDF highlights development strategies at King Abdulaziz University panel    Trump shrugs off Elon Musk's criticism of AI announcement    Bank of Japan raises rates to highest in 17 years    Israel seeks to remain in Lebanon past Sunday withdrawal deadline    Firefighters make progress on Hughes fire as more fires erupt in Southern California    Trump says he will appeal federal judge's decision to temporarily block birthright order    China sentences man to death over attack on Japanese school bus    Injured Djokovic booed off after quitting semi-final    Alkhorayef meets global executives at WEF to boost Saudi industrial growth    Saudi crown prince and US secretary of state discuss over phone ways to enhance cooperation    NMC: Most Saudi regions to witness rain of varying intensity until Monday    Why do athletes earn such high incomes?    1.4 billion people traveled internationally in 2024 as tourism returns to pre-pandemic highs    Julian Quinones' brace secures Al Qadsiah's 2-0 win over Al Orobah    Al Ittihad defeats Al Shabab 2-1 to stay in title race with Al Hilal    Tina Turner's lost Private Dancer song rediscovered    Comeback queens, blockbusters and Succession stars: The Oscar nominations previewed    Dangerous drug-resistant bacteria are spreading in Ukraine    France issues health warning as tons 'aphrodisiac honey' seized    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



South Korea Premier highlights the abundance of investment opportunities in the Saudi market
Published in Alriyadh on 23 - 05 - 2016

Prime Minister of the Republic of South Korea Hwang Kyo-ahn confirmed that the Saudi Korean relations have, since their establishment in 1962, witnessed increasing and accelerating positive developments, attributing this to the continuing political and economic coordination between the leaderships of the two countries towards all international issues of mutual concern in addition to their firmness, stability and quick growth, noting the economic and investment agreements signed between Saudi and Korean companies in as well as exchange of experience in all fields and organization of economic delegation visits between the two countries.
During a meeting he held at Jeddah Chamber of Commerce and Industry as part of his current visit to the Kingdom, the South Korean premier pointed, in the presence of Dr. Majed bin Abdullah Al-Gasbi, the Minister of Commerce and Investment; Adel bin Mohammed Faqih, Minister of Planning; and Riyadh bin Ahmed Al-Mubaraki, Saudi ambassador to Seoul, to the abundance of investment opportunity in the Saudi market which stands on a strong base that would enhance the renaissance-development-associated dealings and what happens in terms of implementation of crucial giant economic projects, calling on the Saudi business community to avail themselves of the Korean experience in the infrastructure, health, human resources, nuclear energy opportunities and the industrial, technological, foodstuffs, textile, machinery, vehicles spare partrs and information technology and security systems industries.
Hwang lauded the idea of commercial exhibitions held by the two countries to introduce their products, highlighting the contracts given to Korean companies to implement projects worth SR56 billion.
For his part, Dr. Al-Qasbi welcomed the visit of Korea's most senior official to the Kingdom, noting that relations between the two countries are developing amid the determination of the leaderships of the two countries.
He said the Kingdom's vision 2030 enhances the keenness of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to promote its economic reforms and diversify its investment environment, citing the endeavor by his ministry to overcome all difficulties facing investors and facilitating whatever supports commercial and investment cooperation between the two countries.


Clic here to read the story from its source.