Saudi Arabia's growing partnership with Korea will create more opportunities for Korean investors in the Middle Eastern country's development projects centering on the groundbreaking NEOM city project, Saudi Arabian officials said, Tuesday. The officials highlighted the projects and potential cooperation with Korean companies during the Global Business Club, an event hosted by The Korea Times in Seoul at the Korea Press Center.
Saudi Arabian officials emphasized that Saudi Vision 2030, a strategic roadmap outlining the kingdom's future trajectory, is geared toward economic diversification and reducing dependency on oil. They highlighted Saudi Arabia's youthful, well-educated population exceeding 34 million and strategic location at the crossroads of major trade routes, offering a compelling investment landscape, adding that NEOM is at the core of the roadmap.
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