Al-Jasser: work is underway to restructure and develop aviation infrastructure    Diriyah to host third IMFC Deputies meeting under Saudi chairmanship    15,135 decisions taken to penalize Saudis and expats for violations    Saudi-European Parliamentary Friendship Committee discusses cooperation during Strasbourg visit    Saudi stock market loses half a trillion riyals, with Aramco's losses amounting to SR340 billion Tariff turmoil rattles Gulf markets    KAU to host Digital Communication Conference in Jeddah from April 29 to May 1    TGA: Riyadh tops with 45% of 290 million orders delivered in 2024    Aja and Salma mountains draw nature lovers to Hail's rugged landscapes    US revokes all visas for South Sudanese nationals over deportation dispute    Death toll from Myanmar earthquake rises to 3,471    Macron to hold Gaza summit with Egypt and Jordan in Cairo    Benzema rescues Al Ittihad with stoppage-time equalizer in thrilling Jeddah Derby    Al Qadsiah and Al Ettifaq share spoils in tense Eastern Derby stalemate    Moussa Diaby praises Al Ittihad's resilience after Jeddah Derby draw "When you can't win, you take a point"    Saudi assistant referee Iman Al Madani joins AFC elite list for 2025    Riyadh Art Week launches with over 50 galleries showcasing global artistic dialogue    Turki Al-Sheikh announces five new Saudi film projects to be produced in Riyadh    Saudi Ministry of Education to showcase innovations at 2025 Geneva International Exhibition    Ed Sheeran weaves Persian music into new song, Azizam    Veteran Bollywood actor Manoj Kumar dies at 87    Screen time in bed linked to insomnia, study finds    Bollywood actress vindicated over boyfriend's death after media hounding    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Mining regulation to be issued soon: AlKhorayef Vision 2030 has ambitious plans to develop industrial sector
Published in The Saudi Gazette on 18 - 11 - 2019

Minister of Industry and Mineral Resources Bandar AlKhorayef has confirmed that the mining regulation is set to be issued soon to tackle the issues in the sector.
He called upon businessmen in the mining sector to specify all their needs and demands so that they are dealt with, the way it was done with the industrialists.
Meanwhile, Eng. Osama Al-Zamil, deputy minister of industry and mineral resources, has said that the industrial strategy would be completed by the end of this year.
During the fourth meeting of the Council of Riyadh Industrialists, AlKhorayef said that the ministry was working on overcoming any shortcomings facing industrial investment in Saudi Arabia.
He added that the industrial sector is based on a triangle in which the base is the ministry, one of its sides the National Industrial Development and Logistics Program (NIDLP) and the second side represents the other pertinent sectors and authorities, according to Al-Eqtisadiah Arabic daily.
He said that the Kingdom's Vision 2030 has ambitious plans to develop the industrial sector. He stressed that all have to be up to the mark in shouldering the responsibilities and alleviating the sector's burdens.
He added that the nature of the industrial sector and its experiences extend to different regions of the Kingdom.
The ministry would ensure that the various regions of the Kingdom benefit from the experience of the Industrial Council, and it would provide support to the Council and make sure it continues in its functions.
He stressed that the ministry would make sure that the private sector would be able to manage this Council in the coming years.
AlKhorayef said that attending such meetings is an opportunity for the government sector to impart all the latest innovations and new ideas and see to it that the needs of the private sector are noted down and met.
Meanwhile, Al-Zamil, while elaborating of the industrial strategy, stressed the necessity to employ 35,000 Saudis in the industrial sector in two years by training the Saudi youth and developing their skills in cooperation with the Ministry of Labor and Social Development (MLSD).
Meantime, Khaled Al-Mudaifir, deputy minister of industry for mining affairs, said that the mining regulation would be transparent and in everybody's interest. He added that it is in its final stages.
In a speech he made, Ajlan Al-Ajlan, chairman of Riyadh Chamber of Commerce and Industry (RCCI), said that the industrial sector enjoys a lot of attention from the government.
One aspect of this attention is the Kingdom's Vision 2030 focusing a lot of attention on the industrial sector and the role it has set for the sector in restructuring the national economy and diversifying the sources of income.
He further said that the establishment of the Ministry of Industry and Mineral Resources is evidence of this attention.
Al-Ajlan said that the decision to waive expatriate fees from non-Saudi workers in factories, the decision to fix the prices of the energy blend, electricity and hydrocarbons in the industrial installations with the beginning of the new ministry's functions, is an impetus for more investments in the industrial sector.


Clic here to read the story from its source.