Saudi Arabia’s industrial sector witnessed billion-dollar investment deals and the opening of qualitative new factories in 2023, within efforts to advance the country’s industry, in line with the national strategy that was developed by the country to shape the future of this sector and improve the domestic product.
Saudi Arabia and Japan embarked on a journey to establish joint investments spanning multiple nations, aimed at optimizing supply chains within the mining sector over the next two years. A high-ranking Japanese official stressed the importance of Saudi Arabia as Japan's most significant strategic partner. Japan's Minister of Economy, Trade, and Industry, Saito Ken, announced the positive outcomes of the Saudi-Japanese Investment Forum 2023, which recently concluded its work in Riyadh.
Minister of industry, mineral resources heads Kingdom's delegation at Saudi-Tunisian Joint Committee meetings arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.
Saudi Minister of Industry and Mineral Resources Bandar Al-Khorayef has said the Kingdom’s industry system was seeking to achieve national goals by expanding partnerships with the public and private sectors, strengthening research, development and innovation mechanisms, and providing industrial enablers and incentives. He pointed to his ministry’s keenness to adopt the technologies of the Fourth Industrial Revolution and to enhance industrial productivity in 12 promising sectors that contribute to meeting national needs.