Apr 07, 2013
Riyadh- April 7, 2013
Ma’aden (The Saudi Arabian Mining Company) has issued a Guide outlining several investment opportunities within downstream Aluminum industries in Saudi Arabia. This Guide will be distributed to potential investors as well as members of the Commerce Chambers, Royal Commission, Modon, Industrial Clusters and other interested stakeholders.
This manual aims to raise investor awareness about investment opportunities in Aluminum downstream industries which are witnessing remarkable growth in the region, including aluminum foil and alloy manufacturing for specialized applications and aluminum for industrial purposes.
The development and distribution of this Guide is part of Ma’aden’s sustainability strategy which aims to serve and develop the community, support the industrial sector and provide investment opportunities that assist the effort of localizing industries by creating jobs for Saudi youth in the private sector.
Commenting on Ma’aden’s commitment toward downstream industries in the Kingdom Eng. Khalid Al Mudaife, Ma’aden CEO said, “ At the end of last year Ma’aden started producing aluminum for the first time in the history of Kingdom of Saudi Arabia. We continue to work to support efforts that will stimulate the increased value added sectors in the Kingdom of Saudi Arabia and which will increase industrial opportunities and jobs for Saudis within aluminum based industries”.