Copenhagen: Minister of Industry and Mineral Resources Bandar Alkhorayef toured key Danish industrial and scientific sites as part of his current trip to Denmark, focused on boosting industrial cooperation and exploring joint investment opportunities. The visit included stops at pharmaceutical giant Novo Nordisk and the Technical University of Denmark (DTU) Science Park.
According to Saudi Press Agency, at Novo Nordisk, a global leader in diabetes care, Alkhorayef examined cutting-edge insulin and biopharmaceutical production technologies. He highlighted the strategic partnership between the company and Saudi Arabia's Public Investment Fund (PIF), via Lifera, aimed at localizing the production of GLP-1 drugs and insulin within the Kingdom. The partnership seeks to meet domestic demand and position Saudi Arabia as a regional hub for pharmaceutical manufacturing and research.
During his visit to the DTU Science Park, Denmark's premier technology and innovation hub, Alkhorayef was briefed on advanced research and development units, key industrial research projects, and innovative solutions driving industrial growth and sustainability. The Science Park fosters a competitive environment for scientific research, innovation, and modern technology development.
The visits underscore the Kingdom's dedication to bolstering strategic international partnerships, facilitating the exchange of expertise, and enabling technology and knowledge transfer. Such efforts aim to localize promising industries within Saudi Arabia and realize the Saudi Vision 2030's goals to diversify the national economy.