Silicon Metal Value Chain Analysis and Opportunities for Saudi Arabia Tender, Saudi Arabia - 105646195

Procurement Summary

Country : Saudi Arabia

Summary : Silicon Metal Value Chain Analysis and Opportunities for Saudi Arabia

Deadline : 22 Aug 2024

Other Information

Notice Type : Tender

TOT Ref.No.: 105646195

Document Ref. No. : 0002010554

Competition : ICB

Financier : World Bank (WB)

Purchaser Ownership : Public

Tender Value : Refer Document

Purchaser's Detail

Purchaser : WORLD BANK(WB)
SA - Saudi Arabia
Saudi Arabia

Tender Details

The Government of Saudi Arabiahas adopted a “National Industrial Strategy” (NIS) which aims at developing acomprehensive roadmap to build an agile and competitive sustainable private-ledindustrial economy in line with Vision 2030. NIS has three strategicobjectives: (a) build industrial national resilience, (b) become an integratedregional manufacturing hub, and (c) expand global leadership in selectedsegments. The NIS covers twelve priority sectors including automotive, renewables, machinery and equipment and metals (steel, aluminum, copper, andtitanium). By looking at global trends, thetransition to low-carbon energy is transforming the landscape for countries touse their natural resources to contribute to economic development.Electrification of transport, decarbonization of industrial processes, and cleanenergy technologies for generation, transmission, and storage need morematerials than fossil fuel-based energy technologies. As a result, thedemand for minerals needed for the global energy transition—critical rawmaterials (CRMs)—is expected to grow exponentially and far exceeds current andprojected production. Today, the mining and refining of CRMs and themanufacturing of products that use CRMs are concentrated in a few countriescreating supply vulnerabilities along the value chain. There is room formineral-rich developing countries to realize new business opportunities, andthere is also room for other countries to position themselves in the midstreamand downstream segments of these important CRM value chains. The National IndustrialDevelopment Center (NIDC) is keen to attract industrial investment andestablish new industries to diversify the economy and meet the aspirations ofVision 2030. Silicon metal is an essential building block in the transition toa low-carbon, green economy. The raw material for producing silicon metalusually comes from quartz that is then processed in high temperatures toproduce silicon metal. The opportunities to engage in the silicon met...

Documents

 Tender Notice

ROEI_Silicon_20240804.docx