Industrial and mining industries in Saudi Arabia’s Najran region have recently advanced significantly, producing top-quality goods that are exported to markets in over 25 countries. The region is rich in mineral resources valued at SAR145 billion ($38.64 billion), including gold, silver, copper, and zinc.
Region’s industrial loans hit $234.53 million
The Ministry of Industry and Mineral Resources‘ Spokesperson Jarrah bin Mohammed Al-Jarrah highlighted, in a recent statement, key industries in Saudi Arabia’s Najran region, such as food processing, plastics, marble, granite, paper, coal, and cement manufacturing.
The industrial city houses innovative factories that have automated their production processes, utilizing modern manufacturing technologies. Al-Jarrah said that the Najran region is home to 90 factories with investments surpassing SAR4.81 billion ($1.28 billion). In addition, the industrial loans in the area reach SAR880 million ($234.53 million).
Non-metal factories
Saudi Arabia’s Najran region hosts an industrial city that covers 6.5 million square meters and houses several factories specializing in non-metallic minerals, rubber and plastic products, food items, pharmaceuticals, paper, and coke production.
Notable industrial projects include Sal Food Products and Bin Harkil Granite and Marble factories, which export to several countries. In addition, Starworld Plastics Industries aids local content with its products. It is a key player in producing polyethylene tanks and plastic road barriers, bolstering the local plastics industry.
Najran propels Saudi Arabia’s mining sector
Regarding mining, Al-Jarrah said that Najran’s mineral wealth positions it as a key area in Saudi Arabia for mineral exploration and extraction. It contributes to the development of the Saudi mining sector and boosts the national economy. The region’s advancement aligns with Saudi Arabia’s Vision 2030, which aims to raise the mining sector’s contributions to economic diversification.
The region is rich in gold, silver, copper, zinc, lead, and mineralized sulfide belts. Twenty-seven mining complexes in the region are for sand, gravel, granite, and silica sand ores. In addition, it houses four mineral reserve sites for zinc and copper ores.
Read: Saudi Arabia issues 86 industrial licenses worth $587 million in April 2024
Driving Vision 2030 forward
For its part, the ministry aims to provide cutting-edge services and technologies to industrial cities including Saudi Arabia’s Najran region, back private partners, and attract investments that benefit the national economy.
Furthermore, it seeks to boost the Saudi industry’s competitiveness, expand product reach to regional and international markets, and leverage each region’s strengths to develop the industrial and mining sectors where investors can receive various benefits, including a stable and stimulating investment environment.
With $2.5 trillion in mineral resources, Saudi Arabia seeks to become a mining, mineral production, and manufacturing hub. Vision 2030 serves as the driving force behind the nation’s strategic endeavors in the mining industry. Therefore, Saudi Arabia has taken several steps to develop the mining sector including the implementation of several initiatives to create an environment that fosters the development of the sector.
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