Saudi Arabia industrial partnerships are growing as the Kingdom works with European countries in pharmaceuticals and critical minerals.
Saudi Arabia is strengthening industrial partnerships with France and Belgium. The Kingdom aims to secure supply chains, improve health security, and localize strategic industries. These actions support Vision 2030 and the National Industrial Strategy.
In Lyon, Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef met top executives at Sanofi. They explored ways to produce vaccines and biopharmaceuticals locally in Saudi Arabia. He toured production lines, labs, and quality control areas, ensuring every step meets safety standards.
AlKhorayef also visited Benta Group, learning about the company’s growth in pharmaceuticals. He discussed collaboration opportunities to bring advanced technology and investment to Saudi Arabia’s biopharma sector.
In Brussels, AlKhorayef met European Commissioners Dubravka Suica and Maros Sefcovic. They discussed economic cooperation, securing critical mineral supply chains, and joint investments in strategic industries. The meetings focused on integrating Saudi Arabia into global trade and improving regional and international economic security.
These steps show that Saudi Arabia industrial partnerships remain a top priority. They aim to boost local production and strengthen relations with European partners. Experts say such cooperation can speed up knowledge transfer and support advanced sector development.
By combining strategic investments and technology exchange, Saudi Arabia industrial partnerships can improve the Kingdom’s global position in pharmaceuticals and minerals. These actions align with Vision 2030 goals to diversify the economy and expand private-sector contributions.
Through these initiatives, Saudi Arabia strengthens sustainable industrial networks, secures critical resources, and builds high-tech manufacturing capacity. The Kingdom also reinforces its role as a key regional and global economic player.
