<Anchor> The



heads of major Korean companies also met with Crown Prince Bin Salman.

Saudi Arabia has announced that Korean companies and Saudi Arabia have signed more than 20 investment agreements, which will total 40 trillion won if all are realized.



This news is reporter Jeong Hye-jin.



<Reporter> The



tightly closed white screen opens, and a black car with Crown Prince Bin Salman leaves the hotel.



Crown Prince bin Salman rented a total of 400 Lotte Hotel rooms for two weeks before and after his visit to Korea.



Around the hotel, heavily armed security guards stood guard throughout the day.



In the afternoon, business leaders gathered at the hotel where Crown Prince bin Salman is staying.



Samsung Electronics Chairman Lee Jae-yong, Hyundai Motor Company Chairman Chung Eui-sun, Hanwha Vice Chairman Kim Dong-kwan, and SK Chairman Chey Tae-won appeared one after another.



[Chairman, what are you planning to share today?]



It is known that they discussed various projects being promoted by Saudi Arabia, starting with Neom City, a super-large new city that will cost 660 trillion won of our money.



Major corporations have signed 26 memorandums of understanding with Saudi Arabia.



Representative examples include the establishment of an 8-trillion-won plant to produce hydrogen, a new energy source, and the construction of a 2-trillion-won high-speed railway in Neom City.



In addition, cooperation was promised in various fields, including chemistry and construction, power generation and bio, and Saudi Arabia announced that the total amount was 30 billion dollars and about 40 trillion won in our money.



If the investment promise is realized, it could be a great business opportunity for us.



[Song Sang-hyun/Professor of Asia and Middle East Studies, Dankook University: (Neom City) is in fact a process of creating such a zero-carbon city in response to climate change, and I think there are areas in which Korean companies can cooperate in relation to the hydrogen industry right now. .]



However, even three years ago, Crown Prince Bin Salman visited Korea and signed an MOU worth 10 trillion won, but currently nothing has started properly.



In the future, it is pointed out that businesses should be more specific and the government should maintain good relations with Saudi Arabia to lead to economic effects.