11-05-2025
Industry Minister Wraps Up Official Visit to Denmark, Strengthens Bilateral Industrial Ties
Bandar Alkhorayef, Minister of Industry and Mineral Resources, has concluded an official visit to Denmark, marking a pivotal step forward in deepening economic collaboration between the two nations. The visit centered on expanding cooperation in the industrial and mining sectors, aligned with Saudi Vision 2030's objectives to diversify the Kingdom's economy and advance its industrial capabilities. Visit to Denmark
Over the course of the two-day visit, Minister Alkhorayef engaged in high-level discussions with Danish government officials and industry leaders, focusing on strategic partnerships in non-oil sectors such as pharmaceuticals, green technology, sustainable energy, food production, and advanced machinery.
A key highlight of the visit was a bilateral meeting with Denmark's Minister for Economic Affairs, Stephanie Lose. The ministers explored ways to enhance policy coordination, support industrial growth, and strengthen investment flows between the two countries.
To foster greater private-sector collaboration, Minister Alkhorayef also met with representatives from the Danish Chamber of Commerce, as well as executives from Vestas and European Energy. Discussions revolved around boosting trade, encouraging knowledge transfer, and identifying joint investment opportunities.
Alkhorayef chaired a roundtable with senior leaders from prominent Danish companies to further explore prospects for industrial cooperation. Separate meetings were also held with executives from Novonesis, Arla Foods, Danfoss, FLSmidth, and Novo Holdings, focusing on forging stronger commercial ties in areas targeted by Saudi Arabia's National Industrial Strategy. Novo Nordisk
The minister's itinerary included a tour of Novo Nordisk's campus to gain insights into its advanced insulin and biopharmaceutical manufacturing technologies. He also visited DTU Science Park, where he reviewed innovative research initiatives and cutting-edge industrial solutions.
The visit concluded with a meeting between Minister Alkhorayef and Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO). They discussed bolstering the strategic partnership between Saudi Arabia and UNIDO, and ongoing preparations for the 21st UNIDO General Conference, set to take place in Riyadh this November.
This official visit underscores Saudi Arabia's commitment to achieving the goals of Vision 2030 by building international partnerships. Finally, this attracts quality investments to localize critical industries that support the Kingdom's health, food, and industrial security.
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