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Saudi Arabia Targets Egypt as Export Destination
Saudi Minister of Industry and Mineral Resources Bandar Al Khoraef announced on Sunday that the Kingdom of Saudi Arabia is very interested in the Egyptian market as a target market for exports.
Joint Work Opportunities
Al-Khoraef said in a televised statement during his visit to Egypt: “In line with the Kingdom’s Vision 2030 and its interest in the industrial and mining sector, there are many opportunities where we see the need for joint work between us and the Egyptian side to accelerate the pace of many of the projects under way in the sector.”
Meetings and Visits
The Saudi minister is scheduled to meet with a number of Egyptian officials, as well as hold meetings with investors in the industrial and mining sectors, as well as meetings with investors from both countries, and visit a number of companies and factories.
Promoting Strategic Sectors
The autumn visit to Cairo comes as part of the Kingdom’s ambition to increase the role of the industrial and mining sectors on the map of the national economy and open doors to investors from all over the world, in addition to looking at quality investment opportunities in the industrial and mining sectors, as well as highlighting the Kingdom’s initiatives to promote two strategic sectors.
Source: Middle East News.