Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef announced that the industry and mining sector is working with relevant authorities to attract 50 investment opportunities worth more than SAR 96 billion in the machinery and equipment sector.
AlKhorayef indicated that among the largest projects achieved during 2021 and 2022 are three projects for casting and forging, which are considered among the inputs of the machinery and equipment sector, and one of the basics of the NIS, with investments exceeding $1 billion.
