Misk Signs MoU with Hyundai Motor and Kia

Mohammed bin Salman Foundation (Misk) has signed a memorandum of understanding with Hyundai Motor Company (Hyundai Motor) and Kia Corporation (Kia). The memorandum was signed by Misk Foundation Deputy CEO Eng. Omar bin Mohammed Najjar and Vice President and head of the Smart City Innovation Group at Hyundai Motor and Kia Jae-yong Lee. The agreement stipulates that Hyundai Motor and Kia will collaborate with Misk Foundation to develop the Misk Traineeship Program designed to create international learning opportunities for Saudi youths, offering them exposure to Hyundai Motor and Kia's innovative technologies and global expertise. This initiative aligns with the partners' shared vision of empowering the next generation and contributing to the Kingdom's knowledge-based economy. While the focus remains on youth development, Hyundai Motor and Kia will also explore areas of collaboration with Misk City in smart city applications. This will give the opportunity to study and demonstrate new technologies at Misk C ity, and potentially utilize the city's various event venues for future initiatives. The agreement is part of Misk foundation's endeavor to support the youth and create programs that improve the skills of young people and develop their innovative abilities, thus contributing to achieving sustainable economic growth. Hyundai Motor and Kia will also participate in the upcoming Misk Global Forum. Through MGF, the two companies will engage with young leaders and startups sharing their insights into the future of mobility and sustainable solutions. Source: Saudi Press Agency