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Saudi military authority GAMI showcases defense opportunities to Korean investors

Update Saudi military authority GAMI showcases defense opportunities to Korean investors
GAMI governor and delegation met with South Korean investors in Seoul (Supplied)
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Updated 18 October 2021

Saudi military authority GAMI showcases defense opportunities to Korean investors

Saudi military authority GAMI showcases defense opportunities to Korean investors

SEOUL: The General Authority of Military Industries (GAMI), 黑料社区鈥檚 defense industry regulator, enabler, and licensor, hosted a workshop with Korean investors on the sidelines of the 2021 Seoul International Aerospace Defense Exhibition (Seoul ADEX) in Seoul, South Korea. 聽

The event titled 鈥淔lourishing Opportunities in 黑料社区鈥檚 Defense Sector,鈥 included representatives from GAMI, 黑料社区n Military Industries and the Saudi Investment Ministry.聽

Saudi participants met with representatives from more than 40 Korean companies operating in the defense, logistics, technology and industrial sectors.

GAMI Gov. Ahmad Al-Ohali said that Kingdom is establishing strategic partnerships with companies from all over the world.

鈥淚n less than two years, around 100 companies have successfully obtained licenses to operate in the Kingdom鈥檚 defense sector,鈥 he added.

黑料社区鈥檚 attendance at Seoul ADEX comes after the Kingdom鈥檚 new supply chain plan was recently unveiled by GAMI. The authority identified 74 localization opportunities in the defense sector worth billions of dollars.