STX Group is to set up internship programs for Saudi Arabian students, the conglomerate announced Wednesday.
The group, the country’s 12th largest business group, signed a memorandum of understanding regarding the issue with the Saudi Arabian Culture Mission to Korea at the group’s office in Seoul.
Under the agreement, the group will offer internship programs at its subsidiaries including STX Offshore and Shipbuilding.
STX Group chairman Kang Duk-soo (right) with officials after STX Corp. president Choo Sung-yob (second from right) and head of Saudi Arabian Culture Mission Turki Fahad Al Ayyar signed a MOU to collaborate in internships for Saudi students at the company’s office in Seoul on Wednesday. (STX Group)
For its part, the Saudi Arabian Culture Mission plans to promote STX internships to Saudi students, STX said.
The group said that it would also work with the Saudi Arabian Culture Mission to develop training programs for students interning at STX companies.
“The MOU will not only help provide an opportunity to Saudi Arabians to join global companies, but also provide the foundations for STX to expand businesses in the Middle East,” STX Corp. president Choo Sung-yob said.
By Choi He-suk (email@example.com