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Wednesday 30 Sep 2015 - 16:28 Makkah mean time-17-12-1436
 Riyadh, (IINA) - Saudi Arabia is organizing its first International Mining and Minerals Conference and exhibition, which aims to boost a sector that offers $19 billion worth of opportunities and projects, Saudi Gazette reported.
According to the latest data from MEED Projects, a leading regional tracking and analysis platform in the Middle East, upstream projects (extraction, mining) under execution or pre-execution is worth $4 billion, while downstream projects (mineral/metal processing plants) under execution or pre-execution is valued at $15 billion.
The Chairman of MEED Projects Edmund O’ Sulliban said: “With the massive size and scale of opportunities involved, Saudi Arabia is keen on strategically developing an industry that will not only help diversify its economy, but also sustainably and strategically utilize its abundant mineral resources to become a leading regional hub and global commodities supplier”.
MEED Events will be organizing the conference component of the Saudi Minerals and Mining 2015, the event is scheduled to take place on October 27 and to 29 at the Prince Sultan Grand Hall, Al-Faisaliah Exhibition & Convention Centre in Riyadh.
The conference will feature local and international experts who will share insights on how key stakeholders can explore the wealth of opportunities within the Kingdom’s mining and minerals sector and the extended value chain.
More than 3,000 delegates are expected to attend the event, including government officials, investors, mining specialists, business leaders, mine owners and international operators.
A series of keynote presentations and case studies will examine all aspects of the value chain as well as the full spectrum of projects and developing businesses.
Organized under the patronage of the Saudi Minister of Petroleum and Mineral Resources Ali Al-Naimi, Saudi Mining and Minerals 2015 is now open for registration. Those interested can register online at www.saudi-mining.com for further details.
AG/IINA
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