November 26, 2018 / 9:57 AM / 21 days ago

Saudi Arabia seeks to more than triple mining revenue by 2030: minister

CAIRO (Reuters) - Saudi Arabia aims to raise the contribution of the mining industry to the economy to $64 billion from $17 billion by 2030, Energy Minister Khalid al-Falih said on Monday.

“We are seeking to develop the mining sector through the implementation of a comprehensive strategy ... and raise its contribution to GDP from $17 billion to $64 billion, with the generation of 160,000 additional jobs by 2030,” Falih told a mining conference in Cairo.

Reporting by Ahmed Tolba; Writing by Aidan Lewis; Editing by Edmund Blair

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