South Korea and Saudi Arabia to expand cooperation in shipbuilding, automotive, AI industries

It is reported that South Korea and Saudi Arabia have agreed to expand their bilateral cooperation to include advanced industries such as shipbuilding, automotive, and AI. During the Korea-Saudi Vision 2030 Committee meeting in Seoul, the two nations developed 11 new cooperation projects and reviewed 46 ongoing initiatives. These new projects encompass joint development of technologies aimed at reducing carbon emissions in shipbuilding, advancements in automobile engine and hybrid car technologies, as well as collaborations in digital transformation, AI innovation, and the entertainment sector, including film, e-sports, and tourism. Notably, Korean internet giant Naver plans to apply various AI technologies to its digital twin platform for major Saudi cities to provide smart city solutions. To ensure the successful implementation of these projects, Korea will establish a regular communication channel with Saudi Arabia, focusing on expanding cooperation in key growth industries such as AI and soft power.

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