Mr. Bandar bin Ibrahim AlKhorayef was appointed as a minster o the Ministry of Industry and Mineral Resources in August 2019 by a royal decree to found the Ministry of Industry and Mineral Resources, and transferring competencies, tasks and responsibilities related to the industrial and mineral resources sectors. On 1/12/1441 AH, a royal decree No. 2064, was issued to assign the minister of industry and mineral resources to the presidency of the sectors councils under the Industry and Mineral Resources System (the Royal Commission for Jubail and Yanbu, Modon, the Saudi Industrial Development Fund, the Saudi Geological Survey, the Saudi Export Development Authority, National Program for the Development of Industrial Clusters (the National Center for Industrial Development) the former name. Also, he became the head of the National Industrial Development and Logistics Program, and the head of the Board of Directors of the Local Content and Government Procurement Authority.