Saudi Launches 200 Projects in 74 Countries to Support Kingdom’s Non-Oil Exports

Saudi Arabia pushes for national products to reach global markets (Asharq Al-Awsat)
Saudi Arabia pushes for national products to reach global markets (Asharq Al-Awsat)
TT

Saudi Launches 200 Projects in 74 Countries to Support Kingdom’s Non-Oil Exports

Saudi Arabia pushes for national products to reach global markets (Asharq Al-Awsat)
Saudi Arabia pushes for national products to reach global markets (Asharq Al-Awsat)

More than 200 projects were launched in 74 countries to support the export of Saudi national products, revealed a recent report that monitored the level of achievements of the Kingdom's Vision 2030 in 2021.

The projects come within the framework of supporting Saudi products’ access to international markets, the report added.

Empowering local content and national industries in all fields and upgrading their quality are among the priorities of Saudi Vision 2030, which looks to raise the contribution of non-oil exports to the Kingdom’s non-oil GDP to about 50% by 2030.

The report, which Asharq Al-Awsat viewed a copy of, revealed several achievements related to achieving a diversified economy and enhancing local content.

For example, the “Saudi Made” program managed to attract more than 1,100 local companies, with more than 4,500 products in 16 diversified sectors.

“Saudi Made” offers a large package of advantages and opportunities for companies, expands the scope of their work and helps them to promote their services and products locally and globally and direct purchasing power towards them after adhering to the quality and standards specified in the program.

In the military sector, according to the report, the Saudi Council of Ministers approved the strategy of the military industries sector in the Kingdom.

The strategy aims to develop national industrial capabilities in the military field, support investors, transfer technology, and provide job opportunities for the country’s young men and women, as the total number of licensed companies in the military sector reached 144 by the end of 2021.

Moreover, as part of the strenuous efforts to diversify the economy and localize industries, Saudi Arabia launched the National Strategy for Transport and Logistics Services.

The strategy includes a wide range of major projects and ambitious initiatives that will push the sector's services to advanced levels regionally and internationally to support sustainable development in all regions of the Kingdom.



Saudi Arabia, Canada Discuss Smart Industrial Cities

The meetings held by the Saudi Minister of Industry and Mineral Resources with Canadian ministers are aimed at strengthening industrial and mining cooperation between the two countries. SPA
The meetings held by the Saudi Minister of Industry and Mineral Resources with Canadian ministers are aimed at strengthening industrial and mining cooperation between the two countries. SPA
TT

Saudi Arabia, Canada Discuss Smart Industrial Cities

The meetings held by the Saudi Minister of Industry and Mineral Resources with Canadian ministers are aimed at strengthening industrial and mining cooperation between the two countries. SPA
The meetings held by the Saudi Minister of Industry and Mineral Resources with Canadian ministers are aimed at strengthening industrial and mining cooperation between the two countries. SPA

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef has discussed with Canadian government ministers ways to bolster industrial and mining cooperation between the two countries, opportunities for developing industrial innovation, and building an effective partnership to establish smart industrial cities in the Kingdom by leveraging Canadian expertise.

During his meeting with Canadian Minister of Innovation, Science and Industry François-Philippe Champagne, and accompanied by National Industrial Development Center Chief Executive Saleh AlSulami, Alkhorayef underscored the Kingdom's commitment to benefiting from the applications of the Fourth Industrial Revolution, particularly artificial intelligence (AI) and robotics, to develop the industrial sector and create added value, while improving production efficiency in industrial facilities.

Meeting participants discussed enhancing cooperation in the field of industrial digitization, utilizing AI technologies to improve industrial processes, and exploring opportunities for collaboration in building smart industrial cities in the Kingdom, benefiting from Canadian advancements in digital infrastructure.

The two sides also discussed collaboration between the Kingdom and Canada in the field of innovation, including the partnership between the Saudi Ministry of Education and Metax, a Canadian research organization funded by the Ministry of Innovation, Science and Industry with a focus on providing joint research opportunities for graduate and doctoral students in both countries.

During a meeting with Canadian Minister of International Development Ahmed Hussen, Alkhorayef discussed ways to enhance economic relations and non-oil trade between the two countries, given the fact that the Kingdom is the largest trading partner for Canada in the Middle East and North Africa. The ministers reviewed the role of industrial development globally in advancing communities, increasing their well-being, and improving individuals' living standards.

Alkhorayef and Canada's Mining Industry Human Resources Council (MIHR) executive director Ryan Montpellier discussed opportunities to benefit from council's expertise in workforce human capabilities development strategies in the mining sector.

The meetings held by the Minister of Industry and Mineral Resources with Canadian ministers are part of his visit to Canada, aimed at strengthening industrial and mining cooperation between the two countries, exploring mutual opportunities in both sectors, and attracting foreign investments to the Kingdom.