The Meeting: “One Gateway to a Shared Vision”

The Minister of Communications and Information Technology of Saudi Arabia, engineer Abdullah bin Amer Al-Sawaha, reviewed today at a meeting titled “One Gateway to a Shared Vision” in the presence of Hong Kong China Region CEO John Lee, joint projects between Saudi Arabia and Hong Kong and investment opportunities that enhance the Saudi Arabia Vision 2030 for a transition to an economy based on partnership and innovation.

Achievements under the Vision

The Minister underlined the most important results of the vision achieved under the leadership of Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, to build a digital society, a digital economy and an effective digital government, relying on pillars of strength, including technical energy and competence, which made the Kingdom the largest conglomerate of human possibilities in technology and innovation in the region, as well as a key technology hub and record the biggest history of empowering women in the tech sector worldwide, with growth rates from 7% in 2017 to 33% today, in addition to highlighting significant leaps in investment in bold money and technology in the Kingdom.

The minister referred to the investment opportunities provided by the ecosystem for the technology sector in the Kingdom, urging companies to invest in a number of areas, including digital health, tourism, and energy and industrial innovation, SPA reported.

Opening Remarks by Hong Kong Chief Executive John Lee

In his opening remarks, Hong Kong Chief Executive John Lee praised the Kingdom Vision 2030.

The Purpose of the Meeting

The meeting is held with the aim of strengthening state relations in technical areas, developing a system of new national companies, as well as attracting technical investments and attracting venture capital, as well as within the visit of a delegation of the telecommunications system to the People’s Republic of China.

Official Visit to the People’s Republic of China

Today, the Minister of Communications and Information Technology began an official visit to the People’s Republic of China, which includes Beijing, the Hong Kong administrative region and Shenzhen, and will also meet with his Chinese counterpart, a number of government officials, heads of large companies operating in the field of technology, digital economy, space and innovation.

Strengthening Partnerships and Attracting Chinese Tech Investment

This visit comes in the light of developments in Saudi-Chinese relations in recent years, to reaffirm the strength of the partnership between the two countries, which is accelerating in light of the escalation of global capabilities and the development of technologies in various fields.

The visit of the Minister of Communications and Information Technology is expected to strengthen many partnerships, as well as attract more Chinese tech investment to the Kingdom by building strategic partnerships that promote the growth of the digital economy and achieve prosperity in the areas. innovation and space in line with Kingdom Vision 2030.

Accompanying Delegation

The Minister of Communications is accompanied by a high-level delegation representing organizations related to the digital economy, space and the innovation system in the Kingdom.