Market Advantages

Saudi Arabia has rich mineral resources, with more than 30 types of metal minerals proven, among which gold reserves are the most abundant. According to Saudi Arabia's "Vision 2030", the government hopes to promote the mining industry to attract US$170 billion in investment by 2030 and develop the mining industry into the third largest pillar industry after petroleum and chemical industry.

Geographical advantages

Saudi Arabia has a superior geographical location. It is not only a transportation hub in the Middle East, but also an important node connecting Asia, Europe and Africa. Such geographical advantages make logistics and transportation very convenient, providing strong support for international trade and cooperation of mining and engineering companies.

Policy advantages

To promote the development of the mineral exploration industry, the Saudi government has recently formulated a $182 million mineral exploration incentive plan and plans to issue more than 30 mining exploration licenses to international investors this year. This is part of Saudi Arabia's efforts to develop a non-oil economy and Saudi Arabia is committed to providing minerals to the world.