Bahrain-based Riyada Consulting demonstrated its willingness to invest in Jeju's medical tourism project.

Jeju Governor U Geun-min inked a memorandum of understanding with Princess Al-Khalifa, representative of Riyada Consulting, in April to work together to build Clean & Clinic Resort.

President of Jeju Tourism Organization (JTO) Yang Yeong-geun and Riyada Korea CEO Jeong Sang-uk also participated in the signing ceremony.

JTO will join the Jeju-Riyada consortium as a partner.

Riyada Consulting is a Bahrain's major company, generating more than $1 billion in profits from exploring oil and gas and providing investment consulting services in the Middle East, North Africa, Russia and CIS.

Source Text

Source: Yonhap News (May 2, 2012)

** This is the translation of a Korean article.