Saudi Gazette on MSN

Alkhorayef: Local content jumps to 51% with $4.8 billion investments in 2025

RIYADH — Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Local Content and Government Procurement Authority Bandar Alkhorayef said that the percentage of local ...
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Saudi local content drive gains momentum, with spending, investment opportunities exceeding $352 billion

Saudi Arabia’s push to boost local content gathered pace between 2019 and 2023, with cumulative corporate procurement spending reaching about SAR 683 billion ($182.1 billion), while investment ...