Ministry offers 100 enablers, incentives to industrial, mining investors

Minister of Industry and Mineral Resources Bandar Alkhorayef said that the industry and mineral resources system offers up to 100 capabilities and incentives to investors in the industrial and mining sectors.

Alkhorayef explained during a strategic workshop organized by the Private Sector Partnership Reinforcement Program (Shareek) Center that these capabilities contribute to helping major companies seize the qualitative investment opportunities provided by the two sectors. They also aim to address the challenges investors may face.

The ministry is largely interested in cooperating with government and private entities to localize jobs in the industrial sector, and to qualify human cadres highlighting the importance of human capital in reaching a sustainable industrial sector.

He pointed out that the partner program aims to address the challenges that the private sector companies may face during the implementation stages of their investment plans.

Moreover, the minister commended the cooperation between the Ministry of Industry and Mineral Resources and the Ministry of Investment.