Sectors

Mining
Industry
Logistics
Energy

Mining

The mining sector in the Kingdom of Saudi Arabia is characterized by a number of competitive advantages, including: containing high reserves of minerals and raw materials, which constitutes a third pillar of the Saudi economy. In addition, the mining sector is one of the most important factors supporting and enabling other sectors of NIDLP program

Logistics

The Kingdom of Saudi Arabia has many competitive advantages in the logistics sector, on top of which is the central strategic location that links the three continents (Asia, Africa and Europe) and is centered along one of the most important global trade routes in the Red Sea Basin. Additionally, the local size of the Kingdom’s economy as the largest market among GCC markets and one of the most important consumer markets in the Middle East and North Africa

Energy

The Kingdom is considered one of the largest oil and gas producers in the world, and also distinguished by the abundance of natural resources from solar energy and wind, especially in coastal areas, as the Kingdom occupies the first places in the abundance of solar radiation, which contributes to creating new opportunities of high economic value

Did you know about

The Fourth industrial Revolution Capabilities Center

NIDLP Program, KACST, and MODON

The operational launch of the fourth industrial revolution Capability Center in the Second Industrial City in Riyadh, to develop innovative solutions that contribute to enhancing the competitiveness of factories in line with the goals of Saudi Vision 2030

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Custom Exemption

Ministry of Industry & Minerals Resources

Customs duty exemption on authorized imports for industrial establishment, such as machinery, equipment, and spare parts imported for industrial use.

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AFAQ PROGRAM

Saudi Industrial Development Fund

Provide financial facilities for small and medium enterprises to increase production capacity and deliver the growth and expansion that resonates with investor’s aspirations.

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Mutajadeda Program

Saudi Industrial Development Fund

This program contributes to the improvement of local developers in the field of renewable energy’s production and promote the quality of products specialized mainly in solar and wind energy.

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Military Industries

General Authority for Military Industries

Military factories licensed by the general authority for military industries are exempted from value-added tax

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Special Economic Zones Launch

Economic Cities and Special Zones Authority

Four new zones.
Four new global hubs. Four game-changing opportunities.

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highlights & events

Highlights

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Part of the participation of the CEO of NIDLP in the New Climate Future Conference as part of the (Newlab) events, where he emphasized the role of Saudi Vision 2030 in fostering transformations aligned with future needs for both humanity and the environment. He also discussed the Kingdom’s efforts in industrial decarbonization and developing an integrated ecosystem for local and international companies to ensure industrial sustainability through an environment conducive to industrial innovation, logistics, and digitization.
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To enhance the empowerment of sustainable industrial development..

The Ministry of Industry and Mineral Resources has launched the official website for the Multilateral Industrial Policy Forum, which will be organized in partnership with the United Nations Industrial Development Organization (UNIDO) during the period of October 23-24, 2024
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The Updated Investment Law reinforces Saudi Arabia’s commitment to investors, it aims to attract global investments by stating investor rights, fostering fair competition and streamlining the regulatory environment under Saudi Vision 2030.

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The Ministry of Transport and Logistics will organize the first edition of the Global Logistics Forum 2024 next October. The forum will serve as a platform to empower the logistics sector in the Kingdom and emphasize its global leadership, thanks to its unique geographical location that connects the three continents.
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Learn more about Our Land magazine, which highlights the latest developments in the fields of geology and mining and their impact on the economy and society.
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In a new achievement that reflects Saudi Arabia’s wealth of natural treasures dating back thousands of years, the Al-Wahbah Crater has been listed among UNESCO’s top 100 most beautiful geological sites in the world. This crater tells stories of dry volcanoes through the ages, embodying the rich geological depth of the Kingdom.
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Events

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17 Nov
2024

Dubai Air Show

  • DWC, Dubai Airshow Site

15 Dec
2024

Supply Chain and Logistics Conference

  • Hilton Riyadh Hotel, KSA