Minister of Land, Infrastructure and Transport Won Hee-ryong is leaving Friday for Saudi Arabia to make a sales pitch for Korean companies seeking to participate in the $500 billion NEOM city development. The Korean Land Ministry is the first Korea ministry to visit the site of the massive project. Won will travel to Riyadh and stay in the country for four days, joined by 22 companies including 11 Korean construction companies. Representatives of Hyundai E&C, Samsung C&T, Naver and KT and from smart city and mobility companies are joining the delegation.
The Korean minister will also be meeting with the top executives of Saudi development companies, including Al Akaria, Roshn, Red Sea and Qiddiya.
A Hyundai Engineering & Construction and Samsung C&T consortium is building a railway tunnel at NEOM City.
Read the full story at Korea JoonAng Daily