Prince Mohammed to launch industrial development program today

28/01/2019 Argaam

 

Saudi Crown Prince Mohammed Bin Salman will launch, on Monday, the National Industrial Development and Logistics Program (NIDLP), Alriyadh newspaper reported.

 

The new scheme will look to develop the national industry and logistics services through 13 programs in line with the Kingdom’s Vision 2030. 

 

NIDLP boasts over 330 initiatives and will achieve more than one third of the Saudi Vision 2030 objectives.

 

Earlier this week, Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said Riyadh would announce projects worth SAR 70 billion under the program on Jan. 28, Argaam reported.

 

Saudi Arabia is aiming to attract investment worth SAR 1.6 trillion through the new program. 

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