Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, held a productive bilateral meeting with Qais Al-Yousef, President of the Public Authority for Special Economic Zones and Free Zones of Oman.
During the discussions, the two leaders explored opportunities to enhance industrial cooperation and foster joint investments between the two nations, aiming to strengthen the economic ties between the Saudi Arabia and Oman.
The meeting focused on strategies to strengthen cooperation in the development of industrial cities and special economic zones, while also exploring opportunities to establish strategic partnerships that promote industrial integration between Saudi Arabia and Oman.
The discussions aimed to enhance regional supply chains and improve the competitiveness of both economies, ensuring mutual growth and a more robust economic partnership.
Both sides underscored the importance of expanding industrial and investment partnerships, highlighting the need for closer collaboration in sharing expertise and experiences in developing industrial infrastructure. They also emphasized the importance of facilitating high-quality investments in key industrial sectors, ensuring sustainable growth and long-term economic benefits for both nations.
This approach aligns with the national visions of both countries, contributing to sustainable economic development while advancing their shared goals. By fostering stronger industrial ties and investment flows, the partnership aims to drive long-term prosperity and mutual benefit for Saudi Arabia and Oman.
According to the statement, the meeting comes within the framework of strengthening economic relations between Saudi Arabia and Oman, and advancing cooperation in the industrial sector to achieve the goals of economic development and industrial integration between the two brotherly countries.
