The Saudi Crown Prince Mohammed Bin Salman (MBS) on Monday laid the foundation stone to crucial projects. The projects were for a nuclear research reactor centre and a centre for the development of aircraft structures.
The Projects was launched on a visit to Riyadh’s King Abdulaziz City for Science and Technology.
This would be the Kingdoms first nuclear reactor. The Nation plans to build 16 nuclear reactors by 2032 at a cost of $80 billion dollars. The reactor would boost the country’s mix energy by considering to build the 17.6 giga watts reactors.
The strategy is to use clean energy and burn less crude at home, allowing it to sell more of it overseas.
MBS said in March this year “If Iran develops a nuclear weapon, Riyadh will do so too.”
Saudi Arabia would be the second Gulf Arab state to launch a nuclear power project after the United Arab Emirates, which is building four South Korea-designed reactors.