Saudi Arabia, South Korea Sign Deals Worth $30bn in Space Tech Cooperation

Saudi Crown Prince Mohammed bin Salman held talks with South Korean President Yoon Suk-yeol in Seoul on Thursday, paving the way for multibillion-dollar bilateral cooperation in space technology, energy, infrastructure, and NEOM, the Kingdom’s giga-project.


The Saudi crown prince was on a two-day official visit to South Korea, arriving straight from the G20 Summit in Bali, Indonesia. He was accompanied by a high-profile delegation, including the ministers and heads of top government institutions related to investment and commerce.

The South Korean president said there were plans for more cooperation as it was time to “take the relationship to a new level through Saudi Vision 2030.”  

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