https://arab.news/g6mwh
- Bandar bin Ibrahim Alkhorayef’s visit seeks to strengthen ties in industrial, mining sectors
RIYADH: Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef traveled to the Netherlands on Monday for an official visit with the objective of strengthening cooperation in the industrial and mining sectors, Saudi Press Agency reported.
The visit aims to explore and expand joint investment opportunities between the two countries.
Alkhorayef is scheduled to meet with several Dutch ministers and senior government officials, along with key leaders from the private sector, to discuss collaboration in the industrial and mining sectors.
The minister’s itinerary will also include several visits to Dutch factories and companies operating within these sectors with the hopes of fostering collaborative ventures between private sector entities in both countries.
The visit underscores Saudi Arabia’s commitment to diversifying its economy and strengthening international ties, SPA added.
In 2023, the Kingdom’s non-oil exports to the Netherlands were valued at about SR2.6 billion ($706 million), while its non-oil imports from the Netherlands amounted to almost SR8.5 billion.