Al Kharj Industrial City ideal for investment: Minister
RIYADH, February 27, 2024
The Al Kharj Industrial City in Saudi Arabia provides an ideal environment for attracting investments, boasting around 500 factories with investments exceeding SR5 billion ($1.33 billion).
These encompass diverse industrial activities such as food, pharmaceuticals, chemicals, renewable energy, metals, machinery, and equipment, said Bandar Bin Ibrahim Al-Khorayef, Saudi Minister of Industry and Mineral Resources.
The Minister of Industry and Mineral Resources highlighted Al Kharj's significance in the national industrial landscape during the opening ceremony of the "Al Kharj Industrial Forum."
Pivotal role
He emphasised the city's pivotal role in agriculture and food production, hosting major agricultural companies like the Institute of Food Industries and Almarai, which the minister honoured for sponsoring the Al Kharj Industrial Exhibition and Forum.
The honouring took place under the patronage of Prince Faisal bin Bandar bin Abdulaziz, Governor of Riyadh Region and Prince Fahad bin Mohammed bin Saad bin Abdulaziz, Governor of Al Kharj.
Expressing gratitude for the wise leadership's continuous support of industrial development and local industries, Governor Fahad commended the generous support and care extended by Prince Faisal to the Al Kharj Industrial Forum.
Almarai’s participation and sponsorship of the Al-Kharj Industrial Exhibition and Forum stems from its strategic role in supporting the national industry as the largest food manufacturing company in the kingdom and the Middle East region.--TradeArabia News Service