Saudi Arabia, South Korea making progress on 40 Vision 2030 projects

The Korea-Saudi Vision 2030 committee launched in October 2017. (Shutterstock)
Updated 05 October 2018
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Saudi Arabia, South Korea making progress on 40 Vision 2030 projects

  • Our two countries are rapidly expanding cooperation into diverse sectors: South Korean ambassador

RIYADH: Saudi Arabia and South Korea have made headway on 40 projects identified by a joint panel within the framework of Vision 2030, according to South Korean Ambassador Jo Byung-Wook. 

One of the biggest is a collaboration in the nuclear-energy sector, as part of which 48 Saudi nuclear engineers have so far been sent to South Korea to work with experts there.

Speaking to Arab News, Jo said: “As Vision 2030 spurs exciting economic opportunities in Saudi Arabia, our two countries are rapidly expanding cooperation into diverse sectors such as health care, renewable and nuclear energy, smart cities, e-government, SMEs and capacity building,” he said.

The Korean envoy said most of these areas directly affect the daily lives of the Saudi people and are central to the Saudi government’s job-creation initiatives.

“The Korea-Saudi Vision 2030 committee, launched in October 2017, serves as a one-stop platform to manage cooperation across five key industrial sectors,” said Jo, adding that the committee has elevated about 40 cooperation projects to the government-to-government level.

“The projects include training the next generation of Saudi e-government specialists, strengthening the Kingdom’s health insurance system and building a state-of-the-art shipbuilding plant on the east coast. Additionally, we are working to share expertise in the renewable energy sector and in the construction of smart cities and smart airports. Indeed, there has been substantial progress across those 40 cooperation projects since the launch of the committee.

“In the sustainable and nuclear energy sector, Korea and Saudi Arabia are jointly designing compact-sized nuclear plants, namely SMART (System-integrated Modular Advanced Reactor Technology), that will be constructed in the Kingdom.”

He added: “Korea’s KEPCO is the world’s first and only contractor with experience building a nuclear reactor in a desert environment and climate very similar to that of Saudi Arabia — at the Barakah Nuclear Power Plant in the UAE.”

A second Korea-Saudi Vision 2030 committee is due to meet later this year, focusing “on how to make real headway across those 40 cooperation projects,” said Jo.


Saudi Arabia says missing journalist Jamal Khashoggi is dead

Updated 20 October 2018
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Saudi Arabia says missing journalist Jamal Khashoggi is dead

  • The journalist died after a fistfight at the consulate in Istanbul
  • Deputy intelligence chief, royal court adviser removed from positions, 18 Saudis arrested

JEDDAH: Saudi Arabia announced on Saturday the death of missing journalist Jamal Khashoggi, saying a preliminary investigation indicated he lost his life after a fight at the Saudi consulate in Istanbul.
“The discussions between Jamal Khashoggi and those he met at the kingdom's consulate in Istanbul... devolved into a fistfight, leading to his death,” the Saudi Press Agency said, citing the public prosecutor.
Eighteen Saudis have been arrested in connection with the incident and the investigation is ongoing, the public prosecutor said.
“The Kingdom expresses its deep regret at the painful developments that have taken place and stresses the commitment of the authorities in the Kingdom to bring the facts to the public opinion, to hold all those involved accountable and bring them to justice,” a statement on the SPA said.
Khashoggi, a Saudi journalist who lived in the US, disappeared on Oct. 2 after visiting the consulate to complete paperwork related to his divorce.
Deputy intelligence chief Ahmed Al-Asiri was removed from his position and Saud Al-Qahtani from his advisory role at the Royal Court, through royal decrees.
Three other intelligence officials who were also sacked have been named as Mohammad bin Saleh Al-Rumaih, Abdullah bin Khalifa Al-Shaya and Rashad bin Hamed Al-Muhamadi.
King Salman also ordered the creation of a ministerial committee, headed by Saudi Crown Prince Mohammed bin Salman, to restructure the country’s General Intelligence agency and issue the results of its work within a month.
Members of the committee include the interior and foreign ministers as well as the heads of the General Intelligence and State Security.
A team of Saudi investigators were sent to Istanbul and have been working on the case with Turkish detectives, who entered the consulate on Thursday.
Earlier in the week, Saudi Arabia promised a thorough and transparent investigation into what happened to the journalist in Turkey.