Saudi Arabia leads the economies of the Middle East, Asia and North Africa, to stimulate and develop the mining sector in the coming period and push foreign investments to the region, which is preparing for the largest gathering of its kind when it will be held soon The “Future of Minerals” international summit and conference to be held in the capital, Riyadh, from January 11-13.
The summit is relied upon as a “global platform”, in bringing foreign direct investment to the local market and the region, with establishing partnerships, achieving technical knowledge, and familiarizing with advanced technologies in the field of mining, as well as presenting the region’s image as a global mining center, and raising the level of awareness of the importance of the mining industry in the Kingdom. And the region, while the organizers aim for the conference to be the most prominent global forum for drawing the future of mining and its contribution to the development of societies.
Engineer Tariq Al-Quwaifel, Communications Manager for the Future of Minerals Summit, said that the mining sector includes experts and investors who are looking for their investment through the expert specialized in this sector, and who usually meet under many forums in different countries of the world, which brings together investors and experts. In the mining sector and industry leaders to identify the opportunities that the investor is looking for.
Al-Quwaifel added that the Middle East, Central Asia, East and North Africa do not have such conferences that cover these regions, so the idea of launching the future of minerals came under the patronage of the Custodian of the Two Holy Mosques, and with the support of Crown Prince Mohammed bin Salman, for Saudi Arabia to be a pioneer in the sector and to be the forum An international forum for investors in these areas to find what they need to invest, by bringing the best speakers, experts, opinion makers and decision makers around the world in one place to learn about all the available opportunities.
The organizer of the conference (Ministry of Industry and Mineral Resources) presents introductory presentations to investors every day before the start of the general sessions, with all information available to potential investors and investment opportunities in the Kingdom, and the movement allows them to build strong relationships with all parties, as communication rooms are provided for personalities. In locations designated for holding meetings with leaders from the government or the private sector, and arranging meetings via a communication platform.
Among the activities of the summit, workshops will be held under the title “Mining in a Day” targeting the three cities of Medina, Jeddah, and Riyadh, which are designed to meet people interested in learning more about mining. They will cover the areas of geology, exploration, mine development, operations, and processing. Yesterday, a workshop was held in Jeddah under the name “Geology and Mining Day” organized by the Organizing Committee of the Future of Minerals Summit in cooperation with the Geological Survey Authority and the Saudi Geologists Cooperative.
The workshop, which was attended by Professor Abdelaziz bin Laaboun, Chairman of the Board of Directors of the “Saudi Geologists” cooperative, reviewed the most prominent geological features of the Kingdom and what it contains of rocks, minerals, water, oil, gas, fossils and natural tourism phenomena such as mountains, caves, caves, volcanoes and others, in addition to some information about minerals, mining and areas mineralization;
Returning to the Riyadh summit, there will be an accompanying exhibition focused on presenting technologies that will contribute to the establishment of the future mining industry, in which Saudi Arabia will play an essential role in the coming years. Approximately 15 high-level representatives from the region covering Central and Eastern Africa, the Middle East and Central Asia will discuss strategic issues related to the mining industry in the region that the conference will expand on.
The topics of the conference focus on three main pillars, including the reality and future of mining, as well as the contribution of mining to community development, while the third axis discusses investment in a regional mining center, and this will be accompanied by workshops covering all topics, sessions and dialogue meetings for collective discussion, and all of these options will allow more rapprochement And to identify more opportunities available in the local market.
The three-day conference will attract more than 2,000 participants from more than 95 countries, 150 investors and 100 international speakers, in addition to nearly 100 mining companies and 15 ministers and heads of state. Aspects of the Kingdom’s development, its transformation program, and its ambition to attract investment in a diversified economy.