7 Compelling Reasons to Invest in Saudi Arabia's Mining Sector—and Why Rabet Technologies is Your Ideal Partner

rabetconsulting
Sep 28, 2024
2 min read

Saudi Arabia’s mining sector is booming, driven by its Vision 2030 plan to diversify the economy. With vast opportunities for growth, now is the time for investors to enter the market. Here’s why Saudi Arabia is an attractive destination for mining investment—and how

Rabet Technologies can guide you every step of the way.

1. Untapped Mineral Wealth

Saudi Arabia’s geological resources are estimated to exceed USD 1.3 trillion.
More than 48 minerals have been identified, making it a goldmine for investors.
Rabet Technologies helps you identify the most promising opportunities, backed by thorough market research and local expertise.

2. Strong Domestic Demand

Saudi Arabia is the fourth-largest net importer of mineral products globally.
The local market for mining products is vast and growing.
We help you connect with key players in the Saudi market to capitalize on this demand.

3. Investor-Friendly Laws

The new mining law makes it faster and easier to get started, with exploration licenses approved in 90 days and mining licenses in 120 days.
Rabet Technologies manages all the regulatory paperwork, ensuring a smooth and hassle-free process.

4. Attractive Tax Incentives

Saudi Arabia offers up to 75% co-funding of CAPEX for mining projects, particularly for advanced exploration.
We guide you through the incentive programs so you can maximize your return on investment.

5. Government Commitment

Mining is a key pillar of Saudi Vision 2030, with an expected GDP contribution of USD 70 billion by 2030.
Rabet Technologies uses its deep connections with government officials to help you navigate local initiatives and secure key contracts.

6. World-Class Infrastructure

Saudi Arabia ranks #1 for road connectivity and #21 for shipping connectivity globally.
This means efficient transportation and logistics for your mining operations.
We offer strategic advice on how to make the most of the country’s infrastructure for your business.

7. Growing Talent Pool

Companies like SABIC and Maaden have developed a skilled workforce of tens of thousands of employees.
Rabet Technologies connects you with the right talent to ensure your operations are staffed with experienced professionals.

Why Choose Rabet Technologies?

Expert Guidance: We provide deep market insights tailored to your business needs.
Streamlined Entry: From licensing to permits, we handle all the complexities of entering the Saudi market.
Strong Connections: Our network opens doors to government contracts and high-level opportunities.
Maximized ROI: We help you navigate incentives, optimize operations, and ensure a successful market presence.

Saudi Arabia’s mining sector is on the rise, and with Rabet Technologies, you can make the most of this moment. We’ll guide you through the entire process, ensuring a smooth entry and long-term success.

Invest in Saudi mining with confidence—partner with Rabet Technologies today