Saudi Basic Industries Corporation (Sabic) has signed an agreement with Riyadh-based Prince Salman Science Oasis to support the construction of a “Hall of Life” within the Oasis project in Riyadh.

The Oasis project is located on 200,000 sq m of land, northwest of King Abdulaziz City for Science and Technology (KACST) in Riyadh. The Higher Commission for the Development of Riyadh oversees the design and building, said a Sabic statement.

The objective of the Oasis is to introduce the latest scientific and technical advancement in various areas and the role of Muslim scholars in scientific development, and to serve as a bridge linking the Islamic scientific heritage with modern industries, it added.

Prince Saud bin Abdullah bin Thenayan Al-Saud, Sabic chairman and Prince Sultan bin Salman bin Abdulaziz, chairman of the executive board of Prince Salman Science Oasis signed the deal in the presence of Mohamed Al-Mady, Sabic vice chairman and CEO.

“The partnership between Sabic and the Oasis to establish and support the Hall of Life is a true example of integration between national institutions in the support of knowledge development and scientific innovation to stimulate creative work,” said Prince Saud at the signing ceremony.

"The “Culture of Innovation” concept, which is the approach of the company toward all its business operations in the Kingdom and around the world, is also one of the main pillars of the Oasis. The Oasis aims to build the potential of society, stimulate innovation and creativity, and educate through entertainment," he noted.

Prince Saud said Sabic’s support to establish the 'Hall of Life' comes within the framework of highlighting the growing role of the company in the field of chemistry.

It reflects the company’s pioneering applied research in basic industries to improve all areas of life, as well as its social responsibility in encouraging scientific culture and raising technological awareness in the community, he added.

The Oasis project includes a reception dome, 3D digital display dome, an administrative building with a main lobby and entrance hall, along with seven specialized scientific rooms for basic knowledge in the earth sciences, space, water, life, technology and energy.

Year-round activities and science-based entertainment will be provided to all age groups in the community, the statement said.-TradeArabia News Service