Alfanar, Saudi Arabia announced the signing of an MoU with Daewoo Engineering & Construction Co.,Ltd. to explore opportunities for joint collaboration in the construction of oil, gas, and petrochemical projects in Saudi Arabia.
The statement mentioned, as a leading Saudi company, we contribute heavily towards developing local content and achieving sustainability in this sector. Through this agreement, we will work on transferring and localizing expertise in the engineering construction field and exchange the expertise of advanced technologies used in design, procurement, and project execution.
The signing ceremony was held on the first day of iktva2023 Forum & Exhibition, between Amer Al Ajmi, Executive Vice President, Alfanar, and Sungmin Yang, Senior Vice President, Daewoo E&C.
