London, June 24, 2022, SPA – Saudi Ministry of Industry and Mineral Resources, in cooperation with the Saudi British Business Council in London, organized today a workshop themed "The Kingdom of Saudi Arabia: The Next Global Station for Mining", aimed at introducing investment opportunities in the mining sector, which will constitute the third pillar of the Saudi industrial growth plan, with a contribution to the gross domestic product of an estimated $64 billion by 2030.

Saudi Minister of Industry and Mineral Resources, Bandar bin Ibrahim Alkhorayef, explained in his opening speech that the ministry is keen to provide an attractive investment environment, citing several important initiatives for investors, including the new mining investment regulations, which provide clear and fair legislation for the investor, to achieve maximum benefit from investing in mineral resources in the Kingdom to achieve sustainability and transparency.

Chairman of the Saudi-British Business Council Sherard Cowper-Coles underlined that the next generation of the Kingdom's youth owes it to HRH Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Deputy Prime Minister, for the initiatives he launched, which led to a modern and open economy.

The Chairman called on investors to visit the Kingdom, explore the environmental and cultural diversity and the wide investment opportunities that are available, visit the city of NEOM, and communicate with major Saudi national companies such as Aramco.

For his part, the Director of the Ministry’s Office in London Abdulaziz Al-Ghifaili reiterated that the Kingdom welcomes investors in all promising sectors, including the mining sector, highlighting the incentives available to foreign investors, including the Invest in Saudi platform, which facilitates the investor's journey.

Source: Saudi Press Agency

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