Paris: Minister of Industry and Mineral Resources Bandar Alkhorayef held a series of bilateral meetings with senior executives and prominent leaders from the French industrial and mining private sectors during his official visit to France. The meetings sought to explore joint investment opportunities in the industry and mining sectors, emphasizing the commitment to strengthening bilateral ties between Saudi Arabia and France.
According to Saudi Press Agency, Minister Alkhorayef engaged with key figures including the Orano Mining chief executive, Bel Group chief impact officer, Sidel president and chief executive, and Safran chief executive. Their discussions centered on potential avenues for cooperation crucial to the economic growth of both nations.
The meetings were attended by Local Content and Government Procurement Authority (LCGPA) Chief Executive Abdulrahman Al-Semari and National Industrial Development Center (NIDC) Chief Executive Eng. Saleh Al-Solami. The discussions focused on enhancing collaboration in mining, aerospace, and food manufacturing and packaging, with the Saudi delegation highlighting the Kingdom's attractive investment environment and incentives.
These engagements are part of a broader initiative to strengthen bilateral economic ties and attract quality investments to Saudi Arabia, notably in the industrial and mining sectors. Furthermore, Minister Alkhorayef witnessed the signing of a memorandum of understanding (MoU) between Sidel, a leading global French packaging manufacturer, and Saudi Arabia's NIDC. The MoU aims to establish a regional service hub and a specialized center for industrial human capital development in Saudi Arabia.