The future growth potential of the mining sector is significant and will unfold new growth for the industrial, energy, and logistics sectors
Approval of the new Mining Investment Law by the Saudi Council of Ministers to enable and enhance the Mining Sector
The mining value chain can contribute more than SAR 281 billion to GDP, create more than 256,000 new job opportunities, and reduce net imports to no less than SAR 37 billion
Maximizing the added value of metallic ores by improving the value chains of mineral industries in partnership with the private sector
Improving the regulatory and legislative environment in the Ministry of Industry and Mineral Resources and its ecosystem in a number of areas including
providing a clear path for industrial investors in strategic sectors and all related regulations, ensuring a legislative environment that motivates investments in the industry sector and protects fair competitiveness, in addition to addressing the challenges of the private industry sector.
Identifying trade policy requirements to support the national industrial strategy in all industrial clusters to reach the targeted markets, establishing non-tariff measures to protect national products from unjustified growth in foreign imports.
Raising awareness of Saudi establishments of the best practices of export, export policies and procedures in Saudi Arabia and priority markets and helping establishments to enhance and increase the competitiveness of their products internationally.