RIYADH: Saudi Arabia announced a new initiative to strengthen mining infrastructure as the Kingdom hosted global industry leaders in Riyadh for the Future Minerals Forum, underscoring its ambition to position mining as a core pillar of economic diversification.
Speaking at the opening of the fifth edition of the forum, Minister of Industry and Mineral Resources Bandar Alkhorayef said the new plan is designed to reduce investment risk and accelerate project development across the sector.
The minister reaffirmed Saudi Arabia’s commitment to international collaboration in building what he described as a resilient, responsible and future-ready global mining ecosystem.
The forum has attracted ministers and senior officials from more than 100 countries and representatives from over 70 organizations. The event runs until Jan. 15.
“I am pleased to announce the launch of the mining infrastructure enablement initiative, in partnership with MODON, the Saudi Authority for Industrial Cities and Technology Zones,” Alkhorayef said.
