
During his official visit to the Federal Republic of Germany, His Excellency Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, met in Berlin with a number of investors and officials from German companies, in the presence of the German Minister of State for Economic Cooperation and Development, Niels Annen.
During the meeting, they discussed enhancing the level of economic partnership between the two friendly countries in the industrial and mining sectors, as well as contributing to attracting quality investments in several targeted sectors to achieve the objectives of the National Industrial Strategy, Saudi Vision 2030, and the Mining Strategy. They also discussed exchanging experiences and practices between private sector entities from both sides.
The meeting included a presentation about the industrial and mining sectors in the Kingdom, highlighting the main opportunities they provide. Additionally, the discussion covered the key incentives and services offered by the Ministry of Industry and Mineral Resources to its global investment partners.
The Minister of Industry and Mineral Resources began his official visit to the Federal Republic of Germany today with the aim of emphasizing the Kingdom's plans to establish the industrial and mining sectors as strategic options under Saudi Vision 2030 to diversify the economic base and open its doors to investors from around the world. The visit also aims to introduce the enablers, incentives, and promising investment opportunities in these sectors.