Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef held bilateral meetings on Saturday with officials in Hong Kong to boost cooperation in the industrial sector, Knowledge transfer, and innovation, and smart manufacturing solutions.
Alkhorayef underscored the Kingdom’s strategic advantages, which make it an attractive investment destination for leading global companies.
He reviewed the Kingdom's positive economic transformations in recent years and its role in developing the industrial and mining sectors.
He discussed joint investment opportunities in automation, in line with the Kingdom’s Future Factories initiative, inviting Hong Kong companies to invest in promising industrial sectors in the Kingdom.
Alkhorayef met with the Director of the Trade and Industry Department, officials from the Innovation and Technology Commission, and the Secretary for Commerce and Economic Development of Hong Kong.
They discussed the prospects for strengthening ties between Saudi Arabia and Hong Kong and the opportunities to develop industrial cooperation between them.
