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Minister of Industry and Mineral Resources Meets with Group of British Investors

London, Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met, during his visit to the UK, with several British investors, to emphasize the importance of strengthening communication with the Kingdom to identify qualitative opportunities in the industrial and mining sectors, and renewed his invitation to Riyadh’s annual International Mining Conference.

The meetings included a session with the CEO of Arrival Corporation, Denis Lvovich Sverdlov, during which the two sides reviewed the organizational maturity in the industrial sector in the Kingdom, where the number of factories in the Kingdom exceeds 10,000 factories, with a total investment volume in the industrial sector of nearly $400 billion. The minister also met with the Regional Director for the Middle East, Africa, and Central Asia for Rolls-Royce, Patrick Régis, and the CEO of Reckitt, Laxman Narasimhan.

In another meeting with the CEO of Fitch Learning, Paul Taylor, Al-Khorayef discussed the investment opportunities available in the industrial sector, with a volume of new investments over the past year of more than $20 billion, and concluded his tour on the second day with a meeting with the CEO of INEOS, Hans Casier and CEO Lucy Electric, John Griffiths.

Source: Saudi Press Agency