Saudi Electricity Co inks three tech cooperation MoUs with China

24/02/2019 Argaam

 

Saudi Electricity Co. signed three memorandums of understanding (MoU) with Chinese companies to cooperate in the fields of technological transformation, smart networks, digitalization, internet of things (IoT) and optical fibers.

 

They will also cooperate on new investments, nationalizing industries and exchange of knowledge, SEC said today on its Twitter account.

 

The Kingdom signed the total of 35 economic cooperation agreements worth over $28 billion with China, during Crown Prince Mohammed bin Salman’s visit to the Asian country.

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