Alfanar announced the signing of an MoU.
The statement mentioned that, 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 localising expertise in the engineering construction field and exchange the expertise of advanced technologies used in design, procurement, and project execution," it added.
The signing ceremony was held on the first day of the iktva2023 Forum & Exhibition between Amer Al Ajmi, Executive Vice President, Alfanar, and Sungmin Yang, Senior Vice President, Daewoo E&C.