Saudi Arabia Allocates 3 Mining Complexes in Eastern and Madinah Regions
Saudi Arabia's Ministry of Industry and Mineral Resources has designated three sites for mining complexes in the Eastern and Madinah regions. This initiative aims to enhance the investment environment in the mining sector, improve transparency, attract investors, and support mining licenses for building materials quarries.
According to ministry spokesperson Jarrah Al-Jarrah, developing these mining complexes will help regulate the building materials quarry sector, strengthen governance in mining, and increase investor confidence.
The initiative is expected to attract further investments while ensuring sustainability by focusing on environmental protection, occupational health and safety, and community participation in the sector's growth under the Mining Investment Law.
Al-Jarrah added that the allocated sites include a location southeast of Madinah, covering 108.25 square kilometers, a site in the Eastern Province south of Khafji, spanning 4.84 square kilometers, and another site southwest of Khafji, covering 4.28 square kilometers.
By allocating these sites, the ministry aims to stimulate local economic development by creating job opportunities for residents in nearby areas, increasing local procurement, and fostering effective community engagement.
The initiative also emphasizes adherence to environmental regulations, ensuring responsible mining practices, and implementing rehabilitation and closure plans for mining sites.
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