Saudi Minister of Industry and Mineral Resources Bandar AlKhorayef said the Kingdom's participation in the World Economic Forum 2024 annual meeting in Davos confirms its important role in facing many global challenges.
It showcases Saudi Arabia's significant role in addressing global challenges, particularly in supply chains and capacity building.
Speaking to the Saudi Press Agency (SPA), AlKhorayef explained that Vision 2030 aligns with significant global issues such as climate change, sustainable development, and innovation.
He further noted that the Kingdom's engagement at Davos provides an opportunity for communication with key players in the private sector worldwide.
Saudi participation aims to foster cooperation on these issues and enhance economic and development initiatives in various sectors of the Kingdom, including industry, mining, research, development, and innovation.
AlKhorayef stated that Saudi Arabia remains committed to achieving its economic diversification plans and creating new job opportunities for its citizens through investments in new industries based on the Fourth Industrial Revolution technologies of innovation and technology.
He highlighted that the Davos meeting is a platform to showcase Saudi Arabia's significant efforts and essential progress.
The minister also underscored the essential role of international partnerships in addressing contemporary challenges, particularly in food, water, energy, and the security of sustainable global supply chains.
He concluded that building international partnerships helps ensure reliable access to vital minerals, which play a crucial role in supporting global trends toward clean energy transformation.
