Minister of Industry and Mineral Resources Bandar Al-Khorayef has opened the Saudi Pavilion at the International Mining and Resources Conference (IMARC) held in Sydney, Australia between November 2 and 4 .
The pavilion is part of the "Invest Saudi" program with the participation of the Ministry of Industry and Mineral Resources, the Ministry of Investment, the National Industrial Development and Logistics Program (NIDLP), the Saudi Industrial Development Fund and the Industrial Center.
Saudi Arabia’s participation in IMARC highlights its continued efforts to improve the performance of the mining sector by facilitating access to geological data. It also sheds light on the most recent changes to the laws and legislation aiming to create an investment environment, lay foundations for sustainability and develop a mining sector that is based on integrated value chains in line with the Kingdom's Vision 2030.
It emphasizes the Kingdom's engagement as the country boasts a strategic location connecting the Middle East, Asia, Africa, and Europe. It also has sophisticated infrastructure and high domestic demand.
The Kingdom has all of the necessary capabilities to become a regional mining hub in order to meet its Vision 2030 objectives and attract quality investments in the mining sector.
