Saudi Arabia Procurement News Notice - 61005


Procurement News Notice

PNN 61005
Work Detail The UK Science Minister, Andrew Griffith, and Saudi Arabia’s Minister of Communications and Information Technology, HE Abdullah Alswaha, are set to sign a Memorandum of Understanding today to enhance scientific and research ties between the two nations. This collaboration aims to address global challenges such as food security and clean energy through breakthroughs in science and technology. The agreement, to be signed during the LEAP 2024 event in Riyadh, opens avenues for joint efforts in deep science and technology initiatives. Minister Griffith sees this as a significant opportunity for UK businesses, scientists, and researchers, aligning with Saudi Arabia’s ambitious modernization journey. HE Abdullah Alswaha expressed pride in partnering with the UK to advance science and technology, emphasizing collaborative efforts to tackle challenges in health, clean energy, and climate change. Saudi Arabia’s Vision 2030, focusing on economic diversification and societal reforms, provides a substantial opportunity for the UK to export its expertise. The Memorandum of Understanding prioritizes leveraging the UK’s world-leading research expertise to address key areas like health, climate change, and space. It outlines plans for collaboration between businesses from both countries and regular meetings of decision-makers in the research sectors. The UK already boasts strong economic ties with Saudi Arabia, with major investments in decarbonization and clean energy technology. Notably, both countries are working together on space-based solar power development, a technology promising continuous clean energy. This collaborative effort is expected to further strengthen the longstanding bilateral relationship, fostering mutual benefits in trade, investment, defense, security, and energy, aligning with vital national security and economic interests of both nations.
Country Saudi Arabia , Asia
Industry Energy & Power
Entry Date 06 Mar 2024
Source https://solarquarter.com/2024/03/05/uk-and-saudi-arabia-sign-mou-for-joint-clean-energy-research-and-innovation/

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