Shura Council urges industry ministry to provide direct support for manufacturing industries’

Abdullah Mohammed Ibrahim Al-Sheikh, chairman of the Shura Council

The Saudi Shura Council urged the Ministry of Industry and Mineral Resources to coordinate with relevant parties for providing direct support in the pricing of feedstock, including energy and raw materials for manufacturing industries that rely on local outputs for basic and mining industries to enhance and enable them.

After discussing the ministry’s annual report for 2021 and listening to the energy and industry committee containing its recommendations on the report, the council also called on the ministry to encourage the establishment and polarization of industrial engineering companies that contribute to the formation of inter-dependence between local plants to produce new finished products.

The council stressed that the Ministry of Industry and Mineral Resources should encourage setting up supporting industries such as metal casting, molding and associated industries, and providing possible incentives, intensifying efforts to develop the national industries export sector and providing additional attractive incentives aimed at exporting national products to world markets efficiently and effectively.

The ministry should work with relevant authorities to create and open additional customs storage and handling areas related to depositing and re-exporting within industrial areas and cities, and coordinate with relevant authorities to connect industrial areas and cities within the railway network to the network and deliver rail transport and freight services.