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His Highness the President of "kacst" participates in OCED Ministerial Meeting Daejeon 2015 and the World Science & Technology in South Korea

His Highness Prince Dr. Turki bin Saud bin Mohammed Al Saud, President of King Abdulaziz City for Science and Technology (KACST) took part in the Organization of Economic Cooperation and Development (OCED) Ministerial Meeting Daejeon 2015 and the World Science & Technology Forum, inaugurated the day before yesterday by the Korean Prime Minister Hwang Kyo-Ahn in the city of Daejeon, South Korea, with the participation of about three thousand specialist of 57 countries and 12 international organizations. Prince Dr. Tutki was quite remarkable in the forum held under the banner “Creating our Common Future through Science, Technology and Innovation” particularly the National Science Development Conference allocated for research, development and policies of Science and Technology chaired by Prof. Youngah Park, President of the Korean Institute of Science, Technology, Evaluation and Planning (KISTEP) that dealt with the most prominent innovation practices from the viewpoint of the world's largest companies and government bodies responsible for the innovation system. Prince Turki reviewed, during the session that was shared by the Norwegian Minister of Research and the Education, Vice Chairman of Samsung Advanced Institute of Technology Executive Vice President of Samsung, and former President of the Stanford Institute for Research founder and President of the Practice of Innovation Company, the Saudi Arabian array of science, technology and innovation, efforts undertaken by KACST and the Kingdom to move towards the knowledge-based economy and investing research in the industry. Following the conference, Prince Dr. Turki and Professor Park signed a memorandum of understanding between KACST and KISTEP that aims to develop and strengthen bilateral relations between the two distinguished scientific and technological institutions, promote development in areas of science and technology and activities relating to the exchange of knowledge and expertise. This memorandum of understanding comes under the umbrella of the main memorandum of understanding signed recently in Riyadh between KACST and the Ministry of Science, information Communication Technology and Future Planning of the Republic of South Korea. In conclusion, Prince Dr. Turki visited the Korea Advanced Institute of Science and Technology (KAIST) which is the first and top science & technology research university in Korea, founded in 1971 to raise elites in science & technology, critical for Korea’s economic takeoff. KAIST has been the gateway to advanced science & technology, innovation, and a driving engine for the development of Korea for the past 4 decades. KAIST has always been touted as Korea’s top-notch research university of science wunderkinds and world famous faculty members. KACST President then moved to Korea's Creative Economy Innovation Centre where he was welcomed by Mr. Lim Jong-tae, Director of the Center and a selection of the high ranking officials of the Korean Ministry of Sciences, Information, Communications, Technology and Future Planning who briefed the visiting Prince on the potentialities of the Centre, some of the research projects on which it works in cooperation with research centers funded by the government within the research and development Daedeok area, along with the most important technologies developed by the working companies. It is worth mentioning that the OECD Ministerial Meeting has played a very important role in transforming the global science and technology policy agenda. High-level discussion on both immediate key policy issues as well as future issues has allowed the Meeting to present a lucid direction for science and technology and lead the efforts for mutual policy coordination while the World Science & Technology Forum was a valuable venue for leading academic experts to provide their insight and acumen regarding growth through science, technology and innovation. Science Delegations from the Association of Southeast Asian Nations (ASEAN) also discussed how to use technology to bridge the gaps between different regions and countries, and ways to achieve sustainable economic development and improve quality of life through technical innovation.