Industry minister says energy, electricity fees ‘unchanged’

Saudi Arabia has approved a bundle of decisions in support of the Kingdom’s industrial sector, coinciding with its 89th National Day, Saudi minister of industry, Bandar al-Khorayef said on his official account on Twitter.

These decisions include the government paying five-year mandatory fees for expatriates working in the industrial sector, as well as maintaining prices of energy, electricity and hydrocarbons unchanged for industrial entities.

Decisions also include unifying regulations governing the industrial sector at the Saudi Ministry of Industry and Mineral Resources, in addition to endorsing contracts of land plots utilized for industrial purposes.

The Saudi Cabinet has decided on Tuesday to cover the mandatory fees of expatriates working in industrial facilities for five years, as of October 1, 2019.