Minister of Industry and Mineral Resources Bandar Alkhorayef concluded an official visit to Italy today, during which he held bilateral meetings with government officials and leaders from the private sector to discuss boosting economic relations and enhancing industrial and mining cooperation between the Kingdom and Italy.

The meetings explored common opportunities in 12 promising industrial sectors that constitute a focal point of the National Industrial Strategy. The discussions highlighted Saudi Arabia’s unique investment environment, including its strategic geographic location, advanced infrastructure, streamlined government procedures, and abundant energy resources, along with the services and incentives provided to enable Italian companies to invest in the Kingdom.

The minister’s visit to Italy aligns with the goals of the Saudi Vision 2030, which seeks to transform the Kingdom into a leading global industrial power by localizing strategic emerging industries and building effective partnerships to tr
ansfer knowledge and the latest innovative manufacturing solutions

Source: Saudi Press Agency