Germany Offers Mining Technology

by shariff mohammed | Mar 20, 2018

German companies are looking for cooperation in the Saudi mining industry with their latest and innovative technology and equipment. This was disclosed during the visit of a German trade delegation to Asharqia Chamber last month. The German mission headed by Mr. Oliver Oehms, Delegate of the German-Saudi Arabian Liaison Office for Economic Affairs (GESALO)  had a meeting with a group of Saudi businessmen led by Mr. Abdulrahman A. Al Wabel, Secretary General of Asharqia Chamber.

Mr. Klaus Stockmann, Deputy Managing Director of the German Mechanical Engineering Industry Association said that German machinery exports to the Kingdom during the past years accounted for over $2 billion and a significant portion of these supplies were for the mining industry. “German suppliers offer not only high-tech equipment, but they also have good experience in mining, processing and conveying commodities of all kinds,” he added.

Mr. Oliver Oehms noted that German companies are not only seeking to market their products and services in the Kingdom, they are also interested in setting up joint ventures in collaboration with their Saudi counterparts. Over 200 German companies have been active now in the Kingdom, he said.

Mr. Oehms highlighted GESALO’s promotional activities, which, he said, have been playing an important role in enhancing trade relations between the two countries. GESALO also has a “German Desk” at Asharqia Chamber to help Saudi companies identify their German counterparts in their niche sectors.  

Mr. Abdulrahman Al Wabel drew attention of the German firms saying that the mining industry is currently transformed as the third pillar of the Saudi economy after oil and petrochemicals. He noted that the major mining development in the Kingdom is taking place in its Eastern Province when a world-class “Metals and Minerals City” has come into being in the region’s Ras Al Khair area.

Located approximately 60 kilometers northwest of Jubail, the Ras Al Khair Industrial City is leveraging key mineral resources of the Kingdom in line with the Saudi Vision 2030 that aims to increase the value of non-oil exports and the lion share of these exports is expected to come from the mining sector, observed Mr. Al Wabel.

The German delegation represented a range of products and services such as mining, processing technology & solutions, plant engineering for mining industry, mixing technology, specialty chemicals, centrifugal pumps, construction machinery, supply chain solutions and automation.

 

 


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