Engineering, industry and reform works are the key to boosting Saudi competitiveness around the globe. The visit of His Royal Highness Prince Mohammed bin Salman visit to South Korea to highlights the potential investment opportunities in that country. Saudi Arabia's huge investment in infrastructure is one of the attractions that will boost trade between Saudi Arabia and the Republic of South Korea.
SCE Chairman, Saad bin Mohammed Al Shahrani, said that the visit of His Highness the Crown Prince Mohammed bin Salman to South Korea reflected the impact of the Kingdom and the role of its leaders in building the strategic balance in relations, reflecting on the country and its capabilities. He pointed out that the engineering sector celebrates the extension of the economic bridges that lead to the recovery of the local economy and strengthens the Kingdom's position as a supplier providing the world with the necessary energy. He added that our wise leadership takes into account the prosperity of the friendly peoples and the promotion of work and cooperation with them.
He pointed out that the Saudi infrastructure, with its human and economic potential, welcomes all investors who contribute to the construction and benefit us in developing our various sectors with their expertise and efficiency of their industries. He stressed the strength of the Kingdom's systems and its investment environment for investors from various friendly countries, especially South Korea, which ranks fifth in the volume of trade exchange with Saudi Arabia.
South Koreans' investments are into construction, manufacturing, electricity, gas, steam, air conditioning, information and communication, professional, scientific and technical sectors. Mining, metals, energy, water, housing and industrialization are among the most important investment sectors between the two countries.