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.


Peace, security and economy top agenda of Saudi Shoura session

The current Shoura Council is composed of 150 members including 30 women members. (SPA)
Updated 15 November 2018
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Peace, security and economy top agenda of Saudi Shoura session

  • Al-Khunaizi said that King Salman’s speech will have “added political and economic significance, and it will lay out the agenda for the rest of the Shoura’s term”

RIYADH: King Salman on Monday will deliver his inaugural address at the Shoura Council, where he will talk about a range of local and regional issues and urge lawmakers to support the government in taking the country forward.
The king’s speech, which will serve as a guideline for Shoura members, will begin the deliberations of the new parliamentary year of the 150-member council.
“The king’s visit to the Shoura is of utmost importance, and his speech will define domestic, regional and foreign policies,” said Hoda Al-Helaissi, a member of the Shoura Council here on Wednesday.
“With the visit of King Salman to the Shoura Council to mark the beginning of the third year of the seventh term, we take a moment to reflect on the past year,” Al-Helaissi said.
She said that “the past year has been a year of challenges and opportunities both within the Kingdom and abroad.”
“Remarkably, as is in our nature, and as exemplified by our leadership, we have remained steadfast in our values and beliefs, committed as a country to the well-being of our citizens, not least as explained in what has now become known as Saudi Arabia’s road-map for the future, Vision 2030,” Al-Helaissi said.
“As the home of the Two Holy Mosques and as an important strategic player in the region, Saudi Arabia has an important role in global politics and we look forward to hearing the king’s speech this coming Monday,” Al-Helaissi said.
Guidelines for addressing local and regional challenges with a special reference to domestic and foreign policies will be spelled out by King Salman, she said.
“Elaborate preparations have been made to receive the king on this occasion,” said Mohammed Al-Khunaizi, another member of the Shoura Council. Al-Khunaizi said that King Salman’s speech will have “added political and economic significance, and it will lay out the agenda for the rest of the Shoura’s term.”
“The occasion marks the beginning of the new year for the council,” said Al-Khunaizi, while forecasting a number of proposals, decisions, draft legislation, treaties and foreign policy matters to be discussed and debated in 2019.
He said that the king’s speech may touch on subjects such as society, security, peace, stability, extremism, economy, financial reforms, regional challenges and foreign policy matters.
Al-Khunaizi noted that the role of women members of the Shoura Council had lent new dimension to the debate and deliberations of the council. He said that the current Shoura Council is composed of 150 members including 30 women members.