Bandar Alkhorayef, Minister of Industry and Mineral Resources
Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, said that investors not trying to invest in Saudi Arabia will pass up a golden opportunity, particularly the giant companies that aim for their products to reach global markets. 
In an interview with Asharq News, he noted that the Saudi market is a promising mega market that enables producers to reach the globe, and offers many advantages such as financing, industrial lands, energy, and logistics services.
He indicated that there is great work being carried out by all government agencies to facilitate the investor’s journey, pointing out that the Kingdom’s enjoys high competitiveness and industrial sectors profitability, which applies to mining, energy, logistics, technical services, and technical infrastructure.
Through the Localization of Industry Knowledge Transfer (LIKT), Saudi Arabia aims to attract companies that own emerging technologies in exchange for providing a number of benefits, the most important of which are advance purchase contracts with other parties, the minister stated.
He further clarified that the Kingdom is working on building a base to attract investments, as it gains interest from a number of investors around the world.
Bandar Alkhorayef, Minister of Industry and Mineral Resources
Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, said that investors not trying to invest in Saudi Arabia will pass up a golden opportunity, particularly the giant companies that aim for their products to reach global markets.
In an interview with Asharq News, he noted that the Saudi market is a promising mega market that enables producers to reach the globe, and offers many advantages such as financing, industrial lands, energy, and logistics services.
He indicated that there is great work being carried out by all government agencies to facilitate the investor’s journey, pointing out that the Kingdom’s enjoys high competitiveness and industrial sectors profitability, which applies to mining, energy, logistics, technical services, and technical infrastructure.
Through the Localization of Industry Knowledge Transfer (LIKT), Saudi Arabia aims to attract companies that own emerging technologies in exchange for providing a number of benefits, the most important of which are advance purchase contracts with other parties, the minister stated.
He further clarified that the Kingdom is working on building a base to attract investments, as it gains interest from a number of investors around the world.
