A Saudi Ministry of Industry and Mineral Resources delegation recently visited Portugal and Austria to discuss enhancing cooperation in high-technology manufacturing. The delegation met with government and private entities in both countries.
In Portugal, the delegation, led by the Director General of Manufacturing Localization and Increasing Local Content Engineer Mohammed bin Abdullah al-Janini, held discussions with representatives of the Portuguese Trade and Investment Agency and the Arab-Portuguese Chamber of Commerce and Industry.
The focus was on supporting and stimulating the high-tech manufacturing environment in Saudi Arabia and exchanging expertise in this field. The delegation also visited leading Portuguese factories in the high-tech manufacturing sector, including the Unicorn Factory incubator, which supports startups and entrepreneurs in the technology sector.
In Austria, the delegation visited the United Nations Industrial Development Organization (UNIDO) headquarters to review the Kingdom's efforts to support and develop the industrial environment. Additionally, the delegation discussed the Ministry of Industry and Mineral Resources' preparations to host the Multilateral Industrial Policy Forum 2024 (MIPF) in Riyadh this month.
The visits were part of the ministry's efforts to strengthen international partnerships that aim to support the development of the industrial sector, encourage innovation and knowledge transfer, localize advanced technologies, and enhance the Kingdom's position as a leading industrial center in the region.