INTIEASaudi Arabia · Mining Investment LawPolicyIn force

Mining Investment Law

Last changed 2 years ago.

Extracted view for reading · Original for compliance evidence

Lifecycle

EffectiveJan 01, 2020
Last changeJun 24, 2024

Country / jurisdiction: Saudi Arabia · Year: 2020 · Status: In force · Level: National · Type: Voluntary

On Jun 9, 2020, Saudi Arabia implemented the Mining Investment law with the aim to anchor foreign investment in the mining sector and to diversify away from hydrocarbons. The new law includes new initiatives (i) establishment of a new fund to finance the development of the mining sector including geological survey and exploration programs; (ii) expansion of land types for conduct of mining activities and (iii) the creation of a mineral zones register.

Official source: https://misa.gov.sa/app/uploads/2024/03/Mining-Investment-Law.pdf

Source

https://www.iea.org/policies/20332

Canonical document at the regulator. Always cite this URL — not the Vantage detail page — in compliance evidence.

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