Saudi Arabia takes part in African Mineral Investment annual Conference (INDABA) in South Africa

Saudi Arabia takes part in African Mineral Investment annual Conference (INDABA) in South Africa
Saudi Arabia takes part in African Mineral Investment annual Conference (INDABA) in South Africa

Under the umbrella of "Invest in Saudi Arabia", the Mining Sector of the Ministry of Industry and Mineral Resources is participating in the annual Investing in African Mining Indaba Conference, held in Cape Town, South Africa, from February 3 to 6.

The Kingdom's delegation participating in theconference, headed by Deputy Minister of Industry and Mineral Resources forMining Affairs Eng. Khaled bin Saleh Al Mudaifer, includes representatives fromseveral relevant bodies including the Ministry of Industry and MineralResources, the General Investment Authority, the National Program for theDevelopment of Industrial Clusters, the Saudi Geological Survey Authority, andSaudi Industrial Development Fund.

Eng. Al Mudaifer will participate as a keynotespeaker at the conference, where he reviews the most important strategic plansand development projects for the mining and mineral industries sector and theextent of progress in achieving them according to the Kingdom vision 2030.

The Kingdom also participates in the exhibitionaccompanying the conference through its pavilion "Invest in SaudiArabia" with the aim of introducing specialists and those interested inthe comprehensive strategy of the mining sector and its initiatives andprojects, and the facilities and capabilities implemented by the government tofacilitate doing business in Saudi Arabia, for local and internationalinvestors in the mining sector in the Kingdom, along with opening communicationchannels with senior officials and foreign companies to invest in the Kingdom.

The mining field in the Kingdom is considered afield full of investment opportunities, while the Ministry of Industry andMineral Resources seeks to promote this concept in the Saudi investmentcommunity.

The Kingdom's attendance at this conferencereflects the interest of the wise leadership in the mining sector andfacilitating the procedures that contribute to its development, based on itsawareness of the huge resources in the Kingdom and the major investmentopportunities available there, which strengthens its position as a globaldestination for mining investment and maximizes the benefit of this sector byattracting foreign investment.

Related Stories

No stories found.
logo
Ajel
english.ajel.sa