Publisher: Maaal International Media Company
License: 465734
The Mining Agency, at the Ministry of Industry and Mineral Resources and the executive authorities, in the mining sector succeeded in adopting the executive regulations of the mining investment system, launching the General Program for Geological Survey, which is the largest regional geological study to enable investment, in the field of mining exploration.
In addition to adopting the executive regulations to the requirements of the environment, health and safety, in the mining sector, in a way that enhances the sustainability of the sector, and the launch of the national database of geological data, in its updated version, which contains more than 5,500 sites.
Geological survey and exploration information spanning 80 years, is in progress, too, in addition to 10,000 technical reports, which facilitates the sharing of geological data and enhance attracting investments to the sector.
In the industry sector, the Ministry of Industry and Mineral Resources and the relevant executive bodies launched; the Saudi Export-Import Bank to support national products and enhance its global leadership, by providing many financing products to serve international exporters and buyers, with the aim of supporting the export of Saudi products and access to global markets, so that by 2030 the Kingdom’s products will be competitive in most markets, in the world, where the Bank approved nearly 81 requests for financing with a value of SR9 billion.