Unprecedented Revitalization for the Saudi Economy, in the Pipeline

Minister of Industry and Mineral Resources Bandar Al-Khorayef reaffirmed that the National Investment Strategy (NIS) launched by HRH Crown Prince, will lead the Saudi economy to an unprecedented renaissance, as the industrial and mining sectors, are major parts of the economic transformation process.

During a meeting with members of the Saudi Association of Opinion Writers, in the Eastern region, the minister described the Saudi citizen as the spirit of the future and the change maker, for his efficiency and ability to compete and work seriously, noting that the ministry plans to have future jobs, in the industrial and mining sectors, with high skills and commensurate with the quality of future jobs.

He pointed out that the industry and mineral wealth system focuses largely on the areas of innovation and digital skills, and aligning them with the requirements of the Fourth Industrial Revolution, in addition to raising the efficiency and skills of human resources, in the two sectors, in proportion, with the quality of future jobs based on technology and artificial intelligence.

The industrial and mining sector in the Kingdom enjoys all the ingredients for success, due to the Kingdom’s comparative advantages, represented in its geographical location, and its ability to be an effective logistical platform, especially with the presence of a large and attractive infrastructure, at the level of industrial cities or technologies to attract the forth revolution entrepreneurs.