KT is preparing to spearhead the establishment of Saudi Arabia's leading digital infrastructure with Hyundai Engineering & Construction (Hyundai E&C) and STC Group, a leader in digital transformation.

In Riyadh, Saudi Arabia, KT participated in the 'Korea-Saudi 50th Anniversary Construction Cooperation Event' led by CEO Kim Young Shub. The event, hosted by Korea's Ministry of Land, Infrastructure and Transport (MOLIT), set the stage for KT's announcement on October 24th, which revealed the signing of a Memorandum of Understanding (MOU) with Hyundai E&C and STC Group to accelerate Saudi Arabia's digital transformation.

KT CEO Kim Young Shub, Hyundai Engineering & Construction CEO Yoon Young Joon, and STC group CEO Olayan Alwetaid formally signed the Memorandum of Understanding in a ceremony attended by President Yoon Suk Yeol and Minister Won Hee-ryong.