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Sectors
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
Industry
The industrial sector in the Kingdom is characterized by a number of competitive advantages, including: industrial infrastructure with international standards in a number of industrial cities, availability of energy and raw materials at global competitive prices, and the availability of competent human capabilities
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
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highlights & events
Towards a sustainable technological future.. The Fourth Industrial Revolution Applications Hackathon concludes with the qualification of several teams in the targeted tracks, looking forward to creative ideas from participants that transform into tangible reality contributing to achieving the goals of Saudi Vision 2030.
Creating opportunities and sustainable solutions: the Kingdom is gearing up to host the second edition of the Multilateral Industrial Policy Forum, under the banner “Turning Challenges into Sustainable Solutions through Industrial Policies”.
His Excellency the Deputy Minister of Industry and Mineral Resources inaugurates industrial cities development projects in Jeddah, including emergency services for preventive safety, operation of a domestic and industrial wastewater treatment plant, opening of 24 ready-made factories, and laying the foundation stone for infrastructure development in Jeddah Third.
The Saudi Geological Survey announces the timeline for launching and updating geological data packages as part of the Geological Survey Initiative on the National Geological Data Platform.
On the sidelines of the closing ceremony for the second edition of the 1K Mile program in 2024, a series of fruitful partnerships with partner entities were announced. This is to achieve the program’s goals and the aspirations of Saudi Vision 2030.
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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