Saudi Press

Saudi Arabia and the world
Tuesday, Jun 24, 2025

Saudi Arabia has more than 212 industrial investment opportunities: Minister

Saudi Arabia has more than 212 industrial investment opportunities: Minister

Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Al-Khorayef, has confirmed there are 212 industrial investment opportunities through the Invest in Saudi platform.
The platform currently presents 82 out of the 163 investment opportunities previously announced by the Kingdom’s national strategy Vision 2030, and will add the rest by the end of 2023.

During his participation in Al-Ahsa Investment Forum 2023, the Minister indicated that the industrial sector is one of the focal points of Vision 2030 which aims to achieve an industrial renaissance and unleash enormous capabilities into the strategic sector, Saudi Press Agency reported.

Saudi Arabia is one of the world’s fastest growing countries in the industrial sector with an average growth rate of 7.5 percent per year, according to the Invest Saudi website.

The Kingdom is empowering the industry through three main goals set to develop a comprehensive map to accelerate the pace of development.

These are building a flexible industrial economy that is capable of adapting to change, forming an integrated industrial center to meet demand, and achieving global leadership in manufacturing certain products.

He added that the national strategy will build and strengthen supply chains with international standards, develop the industrial business environment, and promote trade, innovation, and knowledge.

Al-Khorayef explained that Al-Ahsa governorate currently has 224 valid mining licenses and 12 mining complexes which play a huge role in the Kingdom’s mining sector, in addition to the industrial city Modon which hosts 300 factories.

The Kingdom’s mining sector has major investment opportunities that are set to create over 14,000 new jobs and attract over $32 billion in investments.

As of last December, the Kingdom is processing 145 exploration license applications sent in by foreign companies and is thought to have an estimated reserve of untapped mining potential valued at $1.3 trillion.

Al-Khorayef stated that Al-Ahsa governorate has clear comparative advantages to contribute to major sectors such as energy, industry, mining, and logistics, and it also represents an important starting point for strengthening the base of traditionally existing activities.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Syria to Reconnect to Global Economy After 14 Years of Isolation
Israel Confirms Arming Gaza Clan to Counter Hamas Influence
Global News Roundup: From Ukraine's strategic military strikes and Russia's demands and Tensions Escalate in Ukraine, to serious legal issues faced by Britons in Bali and Trump's media criticism, the latest developments highlight a turbulent landscape
U.S. Reduces Military Presence in Syria
Trump Demands Iran End All Uranium Enrichment in Nuclear Talks
Iran Warns Europe Against Politicizing UN Nuclear Report
×