Industrial integration between the Kingdom of Morocco and Saudi Arabia
An important meeting between the Moroccan and Saudi Ministers of Industry regarding industrial integration between the two countries with the establishment of work teams specialized in precise and joint projects
At the beginning of my visit to Morocco, I held fruitful meetings with Her Excellency the Minister of Energy Transition and Sustainable Development, and Her Excellency the Minister of Economy and Finance, and we discussed ways to enhance cooperation in a number of vital areas. We also reviewed the promising investment opportunities available in both countries, and opened new horizons for sustainable partnership.
I held fruitful discussions in the Moroccan capital, Rabat, with my brother, His Excellency the Minister of Industry and Trade, and we discussed ways to enhance economic cooperation and increase the volume of trade exchange. We also discussed joint investment opportunities in vital sectors such as the automobile and pharmaceutical industries, in addition to discussing some challenges and developing the necessary plans to solve them.
During my meeting with a number of investors and businessmen in the Kingdom of Morocco, I emphasized the great potential that both Saudi Arabia and Morocco enjoy, especially in light of their huge phosphate reserves. I also reviewed the promising opportunities that the Kingdom provides in a number of targeted industrial sectors.
* The Kingdom of Saudi Arabia and the Kingdom of Morocco enjoy huge phosphate resources, and together they contribute more than 40% of the global production of phosphate fertilizers..They can make it OPEC with Jordan, China and the US..
I visited the Tangier Med Port in Morocco, and viewed its advanced facilities and installations, and discussed with port officials opportunities to enhance logistical cooperation between the Kingdom of Saudi Arabia and the Kingdom of Morocco, in order to achieve the common interests of the two countries and enhance the Kingdom’s position as a global industrial and logistics center.
I reviewed with a group of opinion leaders and economic analysts in the Kingdom of Morocco; The achievements achieved by Saudi Vision 2030, especially in the industrial and mining sectors, and we exchanged views on a number of economic issues, emphasizing the importance of the media and its pivotal role in spreading awareness and achieving development goals.
Today in Rabat, I received my brother, His Excellency the Saudi Minister of Industry and Mineral Resources, Mr. Bandar bin Ibrahim Al-Khorayef, who is on an official working visit to the Kingdom of Morocco at the head of a high-level delegation.
