Saudi sets May bidding deadline for 13 mining sites
2 May 2022
Saudi Arabia has set May 8 deadline for applications by investors to exploit 13 limestone sites near the capital Riyadh, a newspaper said on Thursday.
The projects involve the extraction of limestone at the 13 sites for the manufacturing of ornamental stones and rocks, the Arabic language daily Aliqtisadia said.
The Industry and Mineral Resources Ministry will pre-qualify bidders before awarding mining permits to winning investors in a general competition, the paper said.
“The Ministry will provide a fair environment for all contesters to ensure a successful permit awarding process,” the paper said, citing a Ministry statement.
It said the projects are part of plans to tap the Gulf Kingdom’s massive mining wealth with the aim of diversifying its oil-reliant economy within Vision 2030.
The Ministry said it would announce successful applicants on its websites, adding that it would oversee all the projects to ensure they are in compliance with safety and environment laws.
Related
-
Poland seeks delivery partner for new international airport
27 July 2025
-
South Africa approves six solar projects totaling 1,290 MW
25 July 2025
-
Saudi Arabia Invites PQ for Strategic Reservoirs and Water Transmission Systems on PPP model
25 July 2025
-
Masdar, Iberdrola achieve financial close for $6.1bln East Anglia THREE Offshore wind project
25 July 2025
-
Saudi Arabia announces $6.4bln in Syria investments
25 July 2025
-
MGC, Lantania Consortium awarded $544 million Jubail Desalination Plant Contract
24 July 2025