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Saudi Arabia's Ministry of Industry and Mineral Resources Invites Mining Companies to Join Its 7th Licensing Round

    The sites up for auction include; Interested investors are invited to view the  Information Memorandum by visiting Ta'adeen website athttps://taadeen.sa/en/mining-bids  to access the data room for the sites. Saudi Arabiaoffers several competitive incentives to support investors across various sectors and industries. These include 75% co-funding for capital expenditure (CAPEX), a five-year exemption on royalty fees, discounts of up to 30% for local downstream processing (with...
RIYADH, Saudi Arabia, (informazione.it - comunicati stampa - industria)

 

The sites up for auction include;

Interested investors are invited to view the  Information Memorandum by visiting Ta'adeen website at https://taadeen.sa/en/mining-bids  to access the data room for the sites.

Saudi Arabia offers several competitive incentives to support investors across various sectors and industries. These include 75% co-funding for capital expenditure (CAPEX), a five-year exemption on royalty fees, discounts of up to 30% for local downstream processing (with potential savings of up to 90%), a competitive 20% corporate tax rate, and the advantage of 100% foreign direct ownership.

View original content: https://www.prnewswire.co.uk/news-releases/saudi-arabias-ministry-of-industry-and-mineral-resources-invites-mining-companies-to-join-its-7th-licensing-round-302286482.html

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