Ministry of Industry and Mineral Resources offers 13 sites for investment in Riyadh region

Ministry of Industry and Mineral Resources

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The Ministry of Industry and Mineral Resources has offered 13 sites for investment in the limestone complex in Nassah Lake in the Riyadh region through competition, targeting investors interested in the stone industry, and has set May 8 as the deadline for receiving qualification requirements to compete in the complex.

Ministry of Industry and Mineral Resources.

It aims to organize the procedures for competition processes to obtain a building materials quarry license, to exploit limestone blocks in the Nassah Lake complex, and to provide a fair environment for competitors, in order to promote investment in the mining sector, in addition to encouraging national industries in line with the objectives of the Kingdom's Vision 2030.

The ministry stated that the next stage of the competition will be the announcement of the qualified competitors, and finally the launch of the bidding process on the allocated sites, stressing the monitoring and regulation of the site of the complex and ensuring that the implemented works do not have a detrimental impact on security, safety and health, and do not cause damage to the surrounding environment or property, by enacting controls and imposing penalties on violators, explaining that the announcement of the competition, conditions, requirements, qualification results and winners' names will be through "Mining Platform", where the ministry will qualify the results of the competitors, based on the requirements and conditions of the announced competition.