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Six more sectors with 1k products and services will fall under the government’s local content program in 2024, Aleqtisadiah reports citing General Authority for Local Content and Government Procurement CEO Abdulrahman Al-Samari.
It’s part of the gov’t push to localize manufacturing: Companies that want to supply government-funded projects will need to source from Saudi manufacturers. The among the six industries facing local content requirements:
- Sports and recreational equipment and supplies;
- Advertising and public relations services;
- E-learning and training services
- Management consulting services
By the numbers: The authority has issued a total of 2.2k local content certificates, Al Samari added. The government has launched 46k projects and tenders (19% of total government projects) worth a total of SAR 77.7 bn under the local content program. Some 800 products are covered under the tenders so far announced.
Find out more about the program including how to request a local content certificate, requests for the addition and / or the exclusion of a product, and applications for localization of industry and knowledge transfer through the of the Local Content and Government Procurement Authority (LCGPA)’s website.
