Riyadh, August 02, 2023, On a momentous occasion, the Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, took center stage as he inaugurated a groundbreaking event focused on industrial innovation. Aptly titled "Innovative Minds for a Creative Nation," this event marks a significant milestone in the pursuit of fostering creativity and ingenuity within the nation.
In a recent statement, Al-Khorayef emphasized the Ministry's commitment to fostering an environment that nurtures innovation and creativity. The primary objective is to provide support and assistance to innovators, enabling them to realize their goals. This support can take the form of facilitating the transition of ideas into tangible products or implementing viable business models, both within and beyond the industry. Al-Khorayef further revealed that several ideas put forth by participants hold significant potential and may soon come to fruition.
The upcoming Industrial Innovation Event is set to be a crucial platform for innovators in the industrial sector. Its primary objective is to assess the experiences of these innovators and offer them the necessary assistance and incentives to transform their groundbreaking ideas into tangible projects. This event is a key component of the Ministry of Industry and Mineral Resources' comprehensive strategy to foster industrial research, development, and innovation. By ensuring that programs are aligned with the actual requirements of the industrial sector, this initiative aims to provide unwavering support to innovators throughout their journey.
His Excellency, during his visit to the exhibition accompanying the event, was provided with a comprehensive briefing on the Industrial Innovation Pavilions. These pavilions showcased a multitude of innovators who presented their groundbreaking ideas and qualitative innovations across various industrial sectors.
