February 25-28, 2018
Minneapolis Convention Center| Minneapolis, MN
SME Annual Conference & Expo | 2018
The U.S.-Saudi Arabian Business Council (USSABC) will be attending SME Annual Conference & Expo | 2018 and is eager to meet with American manufacturers and distributors looking to enter or expand their presence in the Saudi market. As the premier U.S.-based bilateral business promotion entity working with U.S. and Saudi companies, the USSABC stands ready to assist you in achieving your market objectives at the exhibition.
The 2018 SME Annual Conference & Expo provides a forum for more than 6,000 industry professionals from across the world to share innovative ideas, best practices and cutting-edge research in more than 120 technical sessions along with an expansive marketplace of more than 550 exhibiting companies.
For more information on the conference, please visit: https://www.smeannualconference.com/
Mining in Saudi Arabia:
Hailed as the “third pillar” of the Saudi economy after oil and petrochemicals, mining is front and center in Saudi Arabia’s national development plans. The Kingdom has an abundance of rich deposits of metals and minerals. More than 40 commercially important minerals have been discovered across the country, including significant reserves of phosphate, bauxite, tantalum, gold, silver, zinc, copper, magnesite, and kaolin.
Bringing the mining industry to its full potential is one of the stated goals of the Kingdom’s ambitious Vision 2030 and National Transformation Program (NTP) 2020 unveiled by H.R.H. Crown Prince Mohammad bin Salman bin Abdulaziz Al Saud. An essential component for the plan’s success is the attraction of international strategic partners both as investors and suppliers of services and machinery to raise the industry’s competitiveness and productivity.
As a result, there are an estimated $16 billion worth of ongoing mining projects in the kingdom focused on extracting minerals such as bauxite, copper, gold, iron, lead, silver, tin, zinc and a number of non-metallic minerals. It is worthy to note that recent changes in Saudi Arabia’s mining law have paved the way in allowing greater access for foreign companies looking to invest in the Kingdom’s mining sector.