Beijing, September 23, 2023, Saudi Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef, convened with Chinese investors in Shanghai to explore investment prospects in Saudi Arabia's mining and industrial sectors. High-level officials, including Khalid Al-Salem, President of the Royal Commission for Jubail and Yanbu, and Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources for Mining Affairs, attended. The discussions highlighted Saudi Arabia's National Strategy for Industry and its diverse industrial opportunities. The meeting also scrutinized the ministry's initiatives to foster an investor-friendly environment, remove barriers, and provide necessary support. The Saudi delegation emphasized the mining prospects under Saudi Vision 2030 and the investment-friendly framework within the Kingdom. This visit aims to bolster economic ties, review investment opportunities, and present Saudi initiatives for industry and mining advancement to Chinese counterparts.
