RIYADH — Minister of Industry and Mineral Resources Bandar Alkhorayef held a bilateral meeting with President of Oman’s Public Authority for Special Economic Zones and Free Zones Qais Al-Yousef. They discussed enhancing industrial cooperation and developing joint investments between the two countries.
The meeting addressed ways to strengthen cooperation in the fields of industrial cities and special economic zones, in addition to developing strategic partnerships that enhance industrial integration between the two countries, in a manner that supports regional supply chains and boosts the competitiveness of the Saudi and Omani economies.
Both sides emphasized the importance of expanding industrial and investment partnerships, exchanging expertise and experiences in developing industrial infrastructure, and enabling high-quality investments in priority industrial sectors. This aligns with the objectives of the two countries’ national visions, contributing to sustainable economic development and achieving shared interests.
The meeting comes within the framework of strengthening economic relations between Saudi Arabia and Oman, and advancing cooperation in the industrial sector to achieve the goals of economic development and industrial integration between the two countries.
Source: Saudi Gazette