The Ministry of Industry and Mineral Resources in Saudi Arabia and the Diriyah Gate Development Authority signed a memorandum of understanding with the aim of enhancing cooperation in all common fields that serve the various sectors related to the field of organizing mining business, in a way that achieves the optimal exploitation of mineral resources, on the sidelines of the activities of the International Mining Conference in Riyadh.
The Undersecretary of the Ministry of Industry and Mineral Resources for Mining Services, Eng. Saleh Al-Aqili, stated that the memorandum comes within the Ministry’s efforts to preserve the natural resources in the Kingdom and maximize their utilization.
He stressed the importance of cooperation and coordination between the two parties to ensure the implementation of all oversight work related to the exploitation of mineral ores, and the establishment of mechanisms to monitor violations within the supervisory scope of the authority, according to the Saudi Press Agency, SPA.
For his part, the head of the municipal affairs and urban planning sector of the Diriyah Gate Development Authority, Eng. Ahmed Al-Sharif, said that cooperation and coordination is underway between the two parties to determine the mechanisms for applying and activating the relevant regulations, and to search for the best ways to apply them as required to achieve common goals, and to determine the areas of licenses within the scope of The supervision of the authority and its development projects, which the authority undertakes in coordination with the relevant authorities in accordance with the organization of the authority and in a manner that integrates with the relevant regulations.
The memorandum of understanding included joint cooperation between the two parties in the field of regulations and licensing, and the sharing of relevant data and studies, including: exchanging geotechnical and geophysical data and studies to locate quarries to obtain the necessary building materials for building the Authority’s projects of a unique urban nature.
