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Mission

To achieve a sustainable, balanced and integrated industrial development and a clear vision of the free economy and with the full participation of the private sector in order to provide quality job opportunities and indigenize advanced industrial technology.

Objectives

  • To develop, diversify and integrate basic industries (aluminum, petrochemicals, iron and gas) and set up new basic industries with a high added value.
  • To transfer technology and localize advanced industrial techniques and informatics in the Kingdom.
  • To establish a strong infrastructure and facilities in the Industrial Areas to fulfill the needs of the burgeoning industries for the industrial sector and open new custom-made industrial areas using modern and innovative techniques to attract new industrial investments.
    Secure adequate and on-going finance to meet the requirements of the industrial sector of energy to ensure sustainability in this sector.
  • To formulate tailor-made training programmes to sharpen the skills and capabilities of the national human resources in the industrial sector.
  • To co-operate and co-ordinate with the research centres, think tanks, universities and highly specialized scientific, academic and professional institutions in the Kingdom and abroad in order to introduce industrial and technological programmes.
  • To enhance industrial co-ordination and integration with the GCC structures.
    To open new channels for local, regional and international finance to enable local industrialists to transfer, localize and develop industrial technologies.
  • To develop new mechanism and plans to attract foreign direct investments to the industrial sector in general and the advanced technologies and informatics in particular.
    To encourage alternative energy industrials and solar energy (biogas),etc. and environmentally-friendly industries, such as recycling.
  • To develop mechanisms for supporting the current small and medium industries (SMEs) and new prospective industries in the private sector to play a pivotal role in industrial development.
  • To enhance the contribution of the private sector in industrial development.

 
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