Jakarta: Minister of Industry and Mineral Resources Bandar Alkhorayef met today with Indonesian Industry Minister Agus Gumiwang Kartasasmita in Jakarta to discuss fostering deeper economic collaboration and exploring mutually beneficial investment opportunities in the industrial sector.
According to Saudi Press Agency, the ministers discussed strengthening the longstanding trade ties between Indonesia and Saudi Arabia. Both nations share similar industrial growth objectives, including attracting foreign investment and developing their downstream industries.
Alkhorayef emphasized Saudi Arabia's Vision 2030, the National Industrial Strategy, and other initiatives designed to support growth in Saudi Arabia's industrial sector. He highlighted the Kingdom's pursuit of developing key industrial clusters, pointing to the enablers and incentives offered by the Kingdom to investors and the unique opportunities available for Indonesian businesses to establish and expand their investments in the Kingdom.
The meeting concluded with an invitation to the Indonesian minister of industry to attend the Future Minerals Forum (FMF). Taking place in Riyadh, the global platform brings together governments, investors, and mining industry leaders to shape the future of the global minerals sector. Indonesia's attendance would provide the opportunity to build on existing relations between Saudi Arabia and Indonesia in the critical minerals sectors.