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Some additional advantages would include a few duty-free import associated with mining equipment as well as unrestricted repatriation associated with profits and funds. The new Saudi international investment law enables to non-Saudi nationals in order to open branches within Saudi Arabia 100 percent owned by and also the. Phosphate
Global Mining Equipment Market Size, Share, Forecast
The surface mining equipment segment accounted for a revenue share of over 40% in 2017 and is anticipated to grow further during the forecast period. Currently, almost all metallic and non-metallic minerals along with a larger fraction of coal are mined via surface mining methods, which is expected to provide an impetus to the segment growth.