RIYADH: Energy, Industry and Mineral Resources Minister Khalid Al-Falih stressed the importance of scientific research and technical development during his meeting with King Abdul Aziz City for Science and Technology (KACST) President Prince Turki bin Saud bin Mohammed Al-Saud in Riyadh on Tuesday.
Al-Falih, who is also the chairman of the board of management of KACST, visited the headquarters of the city to review the progress made by the organization in various fields.
On his arrival at KACST, the minister was greeted by the president and a number of officials.
During his talks, the minister said the National Plan for Science, Technology and Innovation (NPSTI) for scientific development and research, will lead to economic development and help achieve the Kingdom’s Vision 2030.
Prince Turki briefed the minister on the important research projects carried out by the city in various strategic areas under the NPSTI as well as with regard to investment mechanisms through investment companies and technical development.
The KACST has allocated SR263.2 million for 147 research projects within the Kingdom.
The NPSTI has allocated approximately 85 percent of its funds for research in mega-projects that would benefit both the researchers and the Kingdom.
According to Abdul Aziz Al-Sweilem, KACST vice president for scientific research support, 3,265 graduates participated in various research projects undertaken by the KACST. The young researchers involved in the project are a substantial number of the graduate population in the country, he said.
The Kingdom of Saudi Arabia has developed a long term vision of science, technology and innovation (STI) to create a “knowledge-based economy and society through a globally competitive national STI ecosystem,” thus achieving the Kingdom’s strategic goal of becoming one of the advanced countries in science, technology and innovation by 2025.
Accordingly, the royal decree issued in 1985 directed KACST to “propose a national policy for the development of science, technology, and innovation, in addition to developing the necessary strategy and plan to implement this policy.”
KACST’s achievements began with the development of NPSTI which was approved by the Council of Ministers in 2002.
It embodies the Kingdom’s vision and its fundamental strategic plans, ensuring continuous sustained developmental efforts to improve scientific and technological ecosystem activities while providing a framework of appropriate priorities, options and policies for each planning phase, and building the Saudi knowledge-based economy and society. To ensure the achievement, NPSTI was developed.
Al-Falih, who is also the chairman of the board of management of KACST, visited the headquarters of the city to review the progress made by the organization in various fields.
On his arrival at KACST, the minister was greeted by the president and a number of officials.
During his talks, the minister said the National Plan for Science, Technology and Innovation (NPSTI) for scientific development and research, will lead to economic development and help achieve the Kingdom’s Vision 2030.
Prince Turki briefed the minister on the important research projects carried out by the city in various strategic areas under the NPSTI as well as with regard to investment mechanisms through investment companies and technical development.
The KACST has allocated SR263.2 million for 147 research projects within the Kingdom.
The NPSTI has allocated approximately 85 percent of its funds for research in mega-projects that would benefit both the researchers and the Kingdom.
According to Abdul Aziz Al-Sweilem, KACST vice president for scientific research support, 3,265 graduates participated in various research projects undertaken by the KACST. The young researchers involved in the project are a substantial number of the graduate population in the country, he said.
The Kingdom of Saudi Arabia has developed a long term vision of science, technology and innovation (STI) to create a “knowledge-based economy and society through a globally competitive national STI ecosystem,” thus achieving the Kingdom’s strategic goal of becoming one of the advanced countries in science, technology and innovation by 2025.
Accordingly, the royal decree issued in 1985 directed KACST to “propose a national policy for the development of science, technology, and innovation, in addition to developing the necessary strategy and plan to implement this policy.”
KACST’s achievements began with the development of NPSTI which was approved by the Council of Ministers in 2002.
It embodies the Kingdom’s vision and its fundamental strategic plans, ensuring continuous sustained developmental efforts to improve scientific and technological ecosystem activities while providing a framework of appropriate priorities, options and policies for each planning phase, and building the Saudi knowledge-based economy and society. To ensure the achievement, NPSTI was developed.
