KSA is investment haven

KSA is investment haven
Custodian of the Two Holy Mosques King Salman receives South Korean Prime Minister Hwang Kyo-ahn at Al-Salam Palace in Jeddah. (SPA)
Updated 23 May 2016

KSA is investment haven

KSA is investment haven

JEDDAH: South Korea and Saudi Arabia have agreed to expand their cooperation into new fields such as renewable energy and medical services as they seek a future-oriented relationship, Prime Minister Hwang Kyo-ahn said.

According to media reports, he also said the two countries discussed ways to deepen cooperation in such sectors as health care and housing, along with traditional segments like construction and energy.
The prime minister arrived in the Kingdom on Saturday.
On Sunday, Custodian of the Two Holy Mosques King Salman held an official session of talks with the premier, during which they discussed bilateral relations and aspects of cooperation between the two countries in various fields and ways of enhancing and promoting them, in addition to reviewing the latest developments in the region and the world.
During a meeting he held at the Jeddah Chamber of Commerce and Industry, the South Korean premier highlighted the abundance of investment opportunities in the Saudi market.
He called on the Saudi business community to avail themselves of the Korean experience in vital sectors such as infrastructure, health and nuclear energy.
Majed bin Abdullah Al-Qassabi, minister of commerce and investment, and Adel Fakeih, minister of planning, also took part in the talks.