Saudi plan gets boost from BRI synergies

RIYADH — The synergy between the Belt and Road Initiative and Saudi Arabia's Vision 2030 will bring advanced science, technology and ideas to the country, and boost its economic and social development, said Saudi Industry and Mineral Resources Minister Bandar Alkhorayef.

He highlighted the high complementarity between the two countries in the fields of economy and trade in a recent interview, saying that while China stands at the forefront of world innovation and high-tech development, Saudi Arabia is endowed with abundant mineral resources.

Alkhorayef said the mining industry plays a pivotal role in the kingdom's Vision 2030 because mineral resource development and exploitation, as well as the production, processing and export of semifinished products, are critical for the kingdom to lessen its reliance on oil and gas resources and diversify its economy.

Speaking highly of the "impressive" performances of Chinese companies, he said they have rich experience in the area and hoped "the Chinese side can pass the experience on to the Saudi young men and women so that they will lead our surveying projects in the future".

Moreover, Alkhorayef expressed his confidence in the broad prospects of bilateral cooperation.

The minister said Saudi Arabia also boasts a unique geographical location and complete infrastructure with startups thriving.

"China is not only an important partner of our kingdom in the economic field, but also in many other areas," he said.

Xinhua