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Saudi Energy Ministry Launches Strategy to Develop Mining Sector
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Saudi Energy Ministry Launches Strategy to Develop Mining Sector

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Riyadh-Saudi Ministry of Energy, Industry and Mineral Resources launched an initiative to develop the mining sector in the country to increase the contribution of the this sector to the GDP and create more than 25,000 job opportunities by 2020.

The initiative comes within the fourth track in the Ministry’s initiatives, which is the “optimal use of mineral wealth.”

The Ministry explained in a statement Sunday that the major initiative in this field will be “approving and implementing a comprehensive strategy for the mining sector” that will be supported by other initiatives, mainly the one regarding developing Waad al-Shamal Industrial City in the north, mining projects in Ras al-Khair and the initiative to build centers to produce gold in northern and central areas.

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