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Business leaders to visit Middle East

The Korea Chamber of Commerce and Industry said Thursday that it will dispatch a business delegation to Turkey, Saudi Arabia and Qatar to align with President Lee Myung bak’s visit to the three countries starting Friday.

The economic delegation, which will go on an eight-day business trip, will seek out cooperation possibilities in the fields of resources, construction, engineering, atomic power and new renewable energy with its Saudi Arabian counterpart.

The delegation will be made up of about 30 industrial leaders, including KCCI chairman Sohn Kyung-sik, Hanjin Group chairman Cho Yang-ho, Lee Hee-beom of STX Construction and Ssangyong Engineering and Construction chief Kim Suk-joon.

Some other firms joining the delegation are SK Construction, Hanwha Chemical, Hanwha Engineering and Construction, Hyundai Engineering and Construction, GS Construction, Daewoo Construction and S-Oil.

As another part of the event, the delegation will participate in a roundtable organized by the KCCI and the Turkish foreign economic cooperation committee on Saturday to discuss bilateral cooperation measures.

The business members will also relocate to Doha in Qatar next to engage in a meeting of the private business groups next Thursday, which will most likely discuss how Korean companies could cooperate in the 2022 Qatar World Cup.

By Cho Ji-hyun (sharon@heraldcorp.com)
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