The Ministry of Industry and Mineral Resources highlighted its advancements in digital transformation and electronic service access during a session at King Khalid University, emphasizing its integration of fourth industrial revolution technologies.
The adoption of these technologies aims to transform Saudi Arabia into a leading industrial power, fostering innovation, building a competitive industrial economy, and contributing to Vision 2030 goals.
The ministry is focused on enhancing the industrial investment environment by offering advanced digital services, streamlining the investment process, and attracting high-quality investments to bolster the Kingdom's GDP and global industrial position.
Riyadh, August 28, 2024 — The Ministry of Industry and Mineral Resources has recently showcased its significant strides in digital transformation and the enhancement of electronic access to its services for partners and beneficiaries. This effort was prominently highlighted during a dialogue session titled "Digital Transformation and Its Impact on the Industrial and Mining Sectors in the Kingdom," organized by the Digital Government Authority as part of "Saudi Arabia Digital Day" at King Khalid University in Abha.
The session featured Mohammad Al-Shuwaier, General Supervisor of the Ministry’s Digital Transformation Agency, who discussed the ministry's efforts to integrate the technologies of the fourth industrial revolution into the industrial sector. These technologies include automation and advanced digital tools that promise to reshape the Kingdom’s industrial landscape.
During his presentation, Al-Shuwaier emphasized the transformative potential of these technologies, particularly how they will enable the Kingdom to become a leading industrial power. By adopting these innovations, Saudi Arabia aims to foster a competitive and sustainable industrial economy. This transformation is expected to drive innovation, leverage cutting-edge technologies, and build a robust industrial sector that aligns with the Kingdom's Vision 2030 objectives.
The ministry outlined how the fourth industrial revolution technologies will enhance the value chains within the mineral resources sector, furthering the Kingdom's goals for Vision 2030. This initiative is poised to significantly increase Saudi Arabia's contribution to the gross domestic product (GDP) and position the Kingdom as a prime destination for high-quality investments in both the industrial and mining sectors. By doing so, Saudi Arabia aspires to establish itself as a global hub for advanced industries.
Moreover, the ministry underscored its commitment to supporting industrial-sector investors by providing streamlined digital services that cover the entire spectrum from project conception and feasibility studies to product exportation. These advancements are designed to enhance the competitiveness of the industrial investment environment, making it more attractive to both local and international investors.
This showcase of digital transformation reflects the ministry’s dedication to leveraging advanced technologies to boost the industrial and mining sectors, ultimately contributing to the Kingdom’s economic growth and global industrial standing.