Yekaterinburg: Minister of Industry and Mineral Resources Bandar Alkhorayef will lead Saudi Arabia's delegation at INNOPROM 2025, which will take place from July 7 to 10 in Yekaterinburg, Russia. Saudi Arabia is participating as a Partner Country in INNOPROM, one of Russia's largest and most prominent international industrial exhibitions. The participation highlights the Kingdom's commitment to strengthening economic and industrial ties with global markets, aligned with the objectives of Vision 2030.
According to Saudi Press Agency, during the official visit, Alkhorayef is set to visit the Saudi Pavilion at INNOPROM, showcasing the Kingdom's advancing industrial capabilities, investment opportunities, and strategic initiatives under the National Industrial Strategy.
The visit will also include a series of high-level meetings with senior Russian officials, industry leaders, and mining companies in Yekaterinburg to strengthen collaboration in key sectors, including manufacturing, petrochemicals, mining, machinery, automotive, and advanced technology.
The Saudi delegation comprises senior officials from 18 government entities and over 20 leading national companies, representing vital sectors such as industrial services, technology, manufacturing, machinery, metals, industrial automation, energy, tourism, and culture.
The government entities participating are Saudi Made; Invest Saudi; Visit Saudi, in addition to the Ministry of Energy; Zakat, Tax and Customs Authority; Economic Cities and Special Zones Authority; Premium Residency Center; as well as several Public Investment Fund (PIF) companies, such as NEOM, New Murabba Development Company, and ROSHN Group.
Since the establishment of the Saudi-Russian Joint Committee for Trade, Economic, Scientific, and Technical Cooperation, both countries have worked closely to unlock mutual industrial opportunities. Collaboration has focused on sectors such as mining industries, machinery and equipment, chemical processing, and advanced manufacturing, with shared ambitions to diversify their economies and foster sustainable industrial development.
Saudi Arabia's participation in INNOPROM 2025 reinforces its commitment to building strong international partnerships, showcasing its industrial capabilities, and expanding cooperation in vital sectors such as mining, manufacturing, and advanced technology. The event serves as a strategic platform for the Kingdom to attract investment, strengthen global trade relations, and achieve its economic diversification goals under Vision 2030.