Saudi Arabia seeks to more than triple mining revenue by 2030: minister

CAIRO (Reuters) - Saudi Arabia aims to raise the contribution of the mining industry to the economy to $64 billion from $17 billion by 2030, Energy Minister Khalid al-Falih said on Monday.
"We are seeking to develop the mining sector through the implementation of a comprehensive strategy ... and raise its contribution to GDP from $17 billion to $64 billion, with the generation of 160,000 additional jobs by 2030," Falih told a mining conference in Cairo.
(Reporting by Ahmed Tolba; Writing by Aidan Lewis; Editing by Edmund Blair)
Disclaimer: No Business Standard Journalist was involved in creation of this content
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Nov 26 2018 | 3:24 PM IST
