"Al Falih" reveals the strategic plan for the development of the mining department in Saudi Arabia


Minister for Energy, Business and Mineral Resources. Khalid bin Abdulaziz Al-Falih, President of the 14th Arab International Conference on Mineral Resources, participated in the " Fifth session of the Conference held in Cairo from 18 to 20 Rabi & Al Awal 1440H. President of the Arab Republic of Egypt Abdel Fattah al-Sisi, and was present at a regular advisory meeting of Arab ministers involved in the mineral wealth division, which is held on the boundary of the conference.

In his speech at the opening of the conference, Eng said. Al-Faleh: "The connections that link Arabians are strong and common, and the depths of the historical and cultural heritage are one of the strongest and most strong links between the Arab, Saudi Arabia and the Arab Republic especially in Egypt. A political vision will link the two sisters with unique economic, security and geographical links.

It identified the geological links between the two countries, indicating that the Arabian division division in the United Kingdom and the Nubian Asia region in Egypt are two expansions in one geological area, which offers valuable opportunities for collaboration between the two countries in this strategic sector.

The Energy, Business and Minerals Minister said that the conference is considered to be the most important Arab gatherings that aim to develop the mineral sector and support mining investment in the Arab world. The richness of minerals is rich in the Arab world, with geographic position as an important strategic part. Performance industries that integrate the materials into all life needs and needs.

Al-Falih asked for duplicate attempts to improve and co-operate the mining department, and # 39; create a sustainable environment for growth and enhance the Arab economic integration of this region to achieve the growth and prosperity of citizens and the Arab world.

He hoped that his conference will provide a fair opportunity to strengthen all aspects of Arab cooperation at advanced research and technology, and to use the latest equipment and equipment in all stages of mineral activity , as well as the importance of improving Arab human resources. And the modernization of the mining department and the Arab mining industry.

He said that the 15th Conference is particularly important because it includes the 7th meeting of a Jewish ministerial meeting meeting in the area of ​​mineral wealth. He said that the United Kingdom mining division Attention and attention of leadership and government. It is one of the areas that focus on development and development within the vision of the United Kingdom 2030, trying to improve the mining department through its & Implementation of an overarching, targeted and policy strategy, which includes 42 initiatives that aim to restructur the department and to; adds to the total housing return of $ 17 billion to $ 64 billion, Opportunity before 2030, working to increase the added value of minerals, the development of non-advanced sectors, and access to the mining department to become a third pillar of D & Saudi economy with oil and petrochemicals.

He said: "The Kingdom's tools to achieve these goals, God's love is on its borders of geological diversity and a wealth of rich mineral resources in raw materials, Studies show that the value of the geological list that may be in the Kingdom is higher than trillions and $ 300 million, the Arabian Sky of 630,000 square kilometers. "

He said: "The Kingdom is seeking the strategic mineralization plan to invest mineral wealth and make its associated chain chains an integral part of a mining map and mineral industries in the the world, "says that the two rulers of the Moske Holy Holy Salman bin Abdulaziz Al Saud – He has put forward a business and business commitment projects, which the United Kingdom will make the second largest in the world, world in to & # 39; make fosphate compost, explaining that the Kingdom is sought through the mineral projects to be among the top ten in making aluminum, and doubled the gold metal output and a base to 10 D current production, while providing incentives and installations; Build safely to attract environmental investment into regional mining in the United Kingdom.
Energy, Business and Mineral Minister Khalid Al-Faleh gave his chair to his / her chairman; Conference to the Palestinian and Mineral Resources Minister of Egypt, Eng. Tariq Al-Mulla, affirms that only the movement and leadership of this conference from the United Kingdom to Egypt; continuing and finishing the role and efforts made during the last session, The Kingdom is ready to support Egypt to achieve the aims and objectives of its co- speech.

The conference, which will be held under the title: "Mineral Investment and Economic Development in the Arab World", which lasts three days. It aims to include the content of what is going on; happening in the Arab mining department and promoting opportunities for mining investments in the Arab and international countries. A technical presentation will be held on the boundary of the conference, which is the opportunity for a direct meeting between investors, specialists and experts working in the Arab mineral wealth division.

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