Alkhorayef: Improving the environment for the industrial sector to attract female investments


The Minister of Industry and Mineral Resources, Chairman of the Board of Directors of the Saudi Organization for Industrial Estates and Technology Zones (Modon), Bandar bin Ibrahim Al-Khorayef, stressed the improvement of the environment of the industrial sector to attract female investments to achieve the aspirations and goals of the Kingdom’s 2030 vision, stressing that the sector is in a golden and historic stage. This came during yesterday’s sponsorship of the “Women in Industry 2020” conference in its virtual version, which was organized by MODON under the slogan “For a comprehensive and sustainable industrial economy”, over a period of two days. He pointed out that the industrial sector has begun to change radically and remarkably, which opens a large and important space for the work of women, in a manner that befits their capabilities and capabilities, pointing to the Ministry’s endeavor to create an appropriate environment for the presence of women in the sector, especially in light of the adoption of the techniques of the Fourth Industrial Revolution, and the automation of work that It will provide many opportunities for entrepreneurs and young women who are passionate about investment opportunities. He added: The factories of today and the future are different from those in the past, indicating that they are more amenable to creative work, indicating that the industry system relies heavily on the female component to be a source of creativity and change, and out of the typical work into the future. He stressed the importance of overcoming many obstacles and adopting a significant number of initiatives to facilitate business in this sector.

For his part, the Director General of MODON, Eng. Khaled bin Muhammad Al-Salem, affirmed that the “Women in Industry 2020” conference represents an exceptional platform that brings together officials, experts, specialists and interested parties to discuss the best ways to empower women in the industrial sector, enhance their vital role in the national economy and achieve sustainable development. He said that the organization of “MODON” for the conference confirms its main role in overcoming all obstacles that prevent women from participating in industrial development in partnership and integration with the concerned authorities in the public and private sectors, and as a continuation of their efforts to attract women’s investments to 35 cities throughout the Kingdom. It is noteworthy that the conference’s agenda includes six scientific sessions specialized in empowering women industrially, with the participation of more than twenty experts and speakers to exchange experiences, review best practices and present visions and practical solutions that are applicable.

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