Sunday, June 14, 2020
Treasures buried in Saudi Arabia to provide 200,000 Jobs
The Industrial Fund said the treasure buried in the lands of Saudi Arabia, apart from oil (black gold), explains in this regard the vast mineral resources it owns, through which its development can provide 200,000 new job opportunities in the kingdom. Trending: An expat arrested for converting house into a barbershop
The Industrial Fund, via its official Twitter account, shared a video revealing a treasure located in the Kingdom of Saudi Arabia. This treasure is not in black gold (oil), but rather in the form of a giant store of gold, silver, copper, zinc, phosphate, aluminum, and iron located in the northern and western regions. Recommend: Cloud seeding in Saudi Arabia to increase rain by 20 percent
The Fund pointed out that the Kingdom has started serious steps to develop this sector, among which is building two mining cities in Waad Al-Shamal and Ras Al-Khair. Therefore, a mining train has been initiated between them, highlighting that it is one of the goals of the kingdom's vision to develop this sector. It contributes to $250 billion of GDP annually and provides about 200,000 jobs.
The Fund stated that the development of this sector represents a major challenge, and therefore it has allocated 15 billion riyals to start it so that it will be the third pillar of the national economy and for the Kingdom to become one of the most important producers and exporters of minerals. See Also: Saudi Arabia bans work under direct sun from June 15 to September 15
