recommendation, page-12

totaly agree ves
Saudi Arabia is 1 of the best & safest investement atm rich country with minimal risk & SA government support mining IMO


Good Reasons to Invest in Mining and Mineral Processing
In recent years, the Saudi government has recognized the potential of the mining and minerals sector to become the third pillar of the Kingdom’s economy, behind oil and petrochemicals. The Kingdom has the largest mineral resources in the Gulf, and the government has committed itself to attracting investors to develop the limitless potential of this sector. In addition, the reforms in mining regulations and the publication of geological surveys carried out over the past 50 years, has proven that the Kingdom has a mineral sector that is commercially viable for exploitation.

Well documented rich deposits of minerals including Bauxite, Phosphates, Zinc and Copper

Export potential showing strong demand trends in high price markets

Availability of competitive, low-cost energy and gas for processing

The New Mining Code presents more transparency and lower costs with few obstacles to the development of new mines and related industries and entitles Foreign Investors to the same rights and treatments as domestic investors

Establishment of Mining Investment Services Centre to support the development of the sector

Government support for mineral developments

Reduction of tax liability of 20% for mineral investors