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Sectors
Mining
The mining sector in the Kingdom of Saudi Arabia is characterized by a number of competitive advantages, including: containing high reserves of minerals and raw materials, which constitutes a third pillar of the Saudi economy. In addition, the mining sector is one of the most important factors supporting and enabling other sectors of NIDLP program
Industry
The industrial sector in the Kingdom is characterized by a number of competitive advantages, including: industrial infrastructure with international standards in a number of industrial cities, availability of energy and raw materials at global competitive prices, and the availability of competent human capabilities
Logistics
The Kingdom of Saudi Arabia has many competitive advantages in the logistics sector, on top of which is the central strategic location that links the three continents (Asia, Africa and Europe) and is centered along one of the most important global trade routes in the Red Sea Basin. Additionally, the local size of the Kingdom’s economy as the largest market among GCC markets and one of the most important consumer markets in the Middle East and North Africa
Energy
The Kingdom is considered one of the largest oil and gas producers in the world, and also distinguished by the abundance of natural resources from solar energy and wind, especially in coastal areas, as the Kingdom occupies the first places in the abundance of solar radiation, which contributes to creating new opportunities of high economic value
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highlights & events
Establishing new docking areas at King Fahd Industrial Port in Yanbu contributes to increasing the capacity from 5 ships to 27 ships.
Mawani records a positive growth of 12.07% in handling the number of containers during the year 2023.
Establishing new docking areas at King Fahd Industrial Port in Yanbu contributes to increasing the capacity from 5 ships to 27 ships.
Establishing new docking areas at King Fahd Industrial Port in Yanbu contributes to increasing the capacity from 5 ships to 27 ships.
Launching the Center of Excellence for Artificial Intelligence in Industry and Mining, which aims to adopt artificial intelligence technologies, address sector challenges and support the achievement of strategic objectives to contribute to making the Kingdom a leading industrial power and a global logistics center through data and artificial intelligence
Launching National Academy of Vehicles and Automotive, which aims to develop capabilities and programs, and graduate students qualified to work in the field of the electric car industry.
Announcing the establishment of the Association of Automobile and Supply Chain Manufacturers, which aims to enhance the sustainability and growth of the automotive industry, enhance the legal environment and encourage innovation and investment.
An agreement has been signed between the Saudi Industrial Cities and Technology Zones Authority (MODON) and the Saudi Arabia Railways (SAR) to establish a logistics zone in the Second Industrial City in Dammam and a passenger transport station in Sudair city for industry and businesses.
NIDLP program signs a new agreement as part of its strategic partnerships with the Social Development Bank to support entrepreneurs and foster the growth of small and emerging enterprises in the industrial and logistics sectors.
NIDLP and “Newlab” have forged an agreement at Future Minerals Forum to establish a deep-tech venture platform in the region, brimming with new possibilities for future sustainability. Newlab KSA has already inked numerous agreements with public and private sectors.
HRH Crown Prince Launches ‘Alat’ to Contribute in Making Saudi Arabia a Global Hub for Electronics and Advanced Industries.
The Ministry launches the Beneficiary Service Center (19955) to respond to inquiries and receive suggestions and complaints.
Saudi Arabia Railways SAR and Arsenale Group announce The Dream Of The Desert luxury train for the first time in the Middle East region
In its diligent pursuit of strengthening global partnerships in the field of supporting economic diversification and human capital development, the Social Development Bank, in collaboration with the United Nations and the Saudi Logistics Academy, launched a training program tailored for entrepreneurs and specialized in the logistics sector.