Amaar Holding Company has announced a strategic partnership with Maheshwari, a prominent Indian organization in the mining sector, to establish a company focused on advanced geological and mining services in Saudi Arabia, in line with Saudi Vision 2030.
Abdulhadi bin Fahd Al-Qahtani, Chairman of Amaar Holding Company, stated that this collaboration will play a crucial role in developing the mining sector and achieving the objectives of Vision 2030. He emphasized, “With our local expertise combined with the capabilities of our Indian partner, our mining services company will offer high-quality solutions that meet market demands and support sustainable development.”
Al-Qahtani further explained that this alliance is part of the company’s ongoing efforts to explore new markets, capitalize on promising investment opportunities, leverage the Kingdom’s natural resources and contribute to a prosperous future.
“Our goal is to position our mining services company as a leader in geological and mining services in the Kingdom by 2030, adhering to the highest standards of quality, safety, and sustainability,” he added.
Saudi Arabia’s Vision 2030 aims to boost the mining sector’s contribution to the GDP from $17 billion in 2019 to $75 billion by 2030 through increased exploration, infrastructure investments, and attracting private sector participation.
