Saudi Minister of Energy, Industry and Mineral Resources Engineer Khalid al-Falih inaugurated in Riyadh on Monday the TAADIN (mining) platform that is aimed at boosting investment in the mining sector, reported the Saudi Press Agency.
He also launched the pilot version of the National Geological Database to serve investors in the sector.
The platform was unveiled on the sidelines of the official launch of the National Industrial Development and Logistics Program (NIDLP), one of the most ambitious programs of the Kingdom’s Vision 2030.
In statement to SPA, al-Falih said: "Since the approval of the mining strategy, we have placed interest on the mining sector given its unlimited opportunities to exploit diverse mineral resources in the Kingdom.”
He stressed the need to remove all obstacles hindering the private sector and local and foreign investors from exploiting this field.
The TAADIN platform aims to facilitate issuance and renewal of mining licenses, inquire about mining sites available in the Kingdom, improve the investor experience and link the investor to electronic systems in order to cope with the digital transformation plan targeting the mining sector.
