El Molla Chairs Workshop for Exploring Mining Investment Opportunities at the Golden Triangle Economic Zone

El Molla Chairs Workshop for Exploring Mining Investment Opportunities at the Golden Triangle Economic Zone

The Minister of Petroleum and Mineral Resources Tarek El Molla chaired a workshop for coordination between the mining and industrial sectors to explore investments opportunities at the economic zone located in the golden triangle area.

El Molla affirmed that the workshop is actual reflection of the country’s strategy in this important regard. He added that developing the Golden Triangle needs contributions from all the state’s related agencies and entities, which accelerate investments attraction.

The minister stressed the importance of increasing the efficiency of the infrastructure and achieving the most possible benefits from the mining resources which can be one of the main resources of added value in the national economy.

During the workshop, the mining sector’s strategy was presented in addition to the investment plan for 2040 and the ministry’s vision to develop the Golden Triangle and how to maximize its revenues.

Also, the workshop witnessed agreement on the importance of emphasizing the mining reserves, noting that the last international bid rounds posted by the ministry had activated the mining exploration and discovery operations in the promising area.

At the end of workshop, El Molla highlighted the importance of the openness to the applicable ideas as well as the implementation of a roadmap to develop the golden triangle, taking into consideration providing the necessary human cadres and building their capabilities to have an active role in attracting investments.

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