Industry Minister Discusses AI Cooperation with Leading Companies in East Asian Countries

General

The Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef, on an official visit to Singapore, China, and the Hong Kong Special Administrative Region of the people’s Republic of China, stressed the Kingdom’s keenness to strengthen partnerships in the AI field with leading companies from East Asia.

These visits are in keeping with the Kingdom’s objective of using technology and innovation in the industrial sector, and strengthening its position as a regional AI center.

A series of fruitful meetings were conducted with industry leaders.

In Singapore, Alkhorayef met with leading organizations that play a pivotal role in the development of industrial infrastructure, AI, technology, and innovation. Discussions focused on expanding cooperation in the logistics sector and ways of enhancing the competitiveness of Saudi industries through training programs, and joint research and development initiatives.

In China, the minister met with industry giants known for their technological innovations and
economic development. He also visited the Guangzhou Economic and Technological Development Zone (ETD Zone), which is a vital hub for high-tech industries. He also held meetings with senior officials from several Chinese companies.

Discussions focused on exploring joint investment opportunities in the advanced manufacturing sector, intelligent manufacturing, technology and solutions from the Fourth Industrial Revolution.

In Hong Kong, Alkhorayef held meetings with representatives of several companies specialized in automation, smart technologies and industrial infrastructure.

The visits are conducted in response to the evolving industrial landscape, in which the Kingdom recognizes the significance of AI as a driving force behind the significant industrial transformation.

Source: Saudi Press Agency