Saudi Gazette report
RIYADH — Saudi House Company (SSA) has signed a Memorandum of Understanding (MoU) with Korea Aerospace Industries (KAI) with the purpose of supporting and strengthening innovation within the house sector within the Kingdom.
It additionally goals to discover funding and future alternatives within the area of house, and improve the expansion of its applied sciences to open new horizons in it.
The MoU would undertake developments within the aviation and house sector, consistent with the company’s imaginative and prescient in accelerating its progress in space-related initiatives by cooperating with KAI, the pioneer firm within the area of creating and manufacturing house satellites.
The signing of the MoU by the Saudi House Company and the Korea Aerospace Industries was represented by SSA CEO Mohammed Bin Saud Al-Tamimi and the KAI’s President and CEO Kang Goo-young.
It’s noteworthy that the cooperation comes as an extension of the SSA’s go to to Korea, which was headed by the Minister of Communications and Info Know-how, who can also be the Chairman of the Board of Administrators of the SSA, Eng. Abdullah Al-Swaha.
Eng. Al-Swaha has earlier confirmed the dedication of the 2 sides to boost the cooperation and trade the experiences within the area of exploring house, and to contribute to the development of the worldwide house sector.