Kingdom unveils new initiative to boost industrial, mining innovation

GHADA.ISMAIL
Dec 30, 2024

Riyadh – Sharikat Mubasher: Saudi Arabia unveiled a groundbreaking initiative aimed at driving innovation within the mining and industrial sectors.

The Ministry of Industry and Mineral Resources introduced the Innovative Industrial and Mining Products Program, a strategic effort to accelerate advancements and propel the digital transformation of these key sectors. The announcement was made via the Ministry’s official X account.

According to the Ministry, the initiative marks “a key step toward fostering innovation in the industrial and mining sectors” and underscores its dedication to “developing innovative solutions that support the Kingdom’s industrial transformation and stimulate the growth and sustainability of the mining sector.”

Bandar Alkhorayef, Saudi Minister of Industry and Mineral Resources emphasized that the program aims to “provide an integrated environment that enables innovators to transform their ideas into executable and competitive products locally and internationally.”

He further noted that innovation is a cornerstone of economic growth, and this initiative will enhance creativity while advancing digital transformation across the industrial and mining domains. The Minister shared these insights in a tweet, reinforcing the Kingdom’s vision for sustainable growth in these sectors.


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