Saudi Arabia is betting on local manufacturers in its strategy

Wednesday, July 31, 2019
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No
Number [
14855]

Participate in the workshop

Riyadh: Middle East

The workshop of the Saudi General Authority of Military Industries, as well as local manufacturers, presented the elements of the Kingdom's military industries strategy as part of the 2030 Vision, which deal with colonization. military industries through the issuance of manufacturing and export licenses, the establishment of industrial standards and the establishment of strategic partnerships between the public and private sectors. As well as incentives for the development of the sector, as well as the setting up of the monitoring mechanism and the setting up of exhibitions and seminars.
The workshop reviewed the strategy of the Saudi military industries sector, the roles and functions of the Authority, the licensing procedures and permits for industries and services and military types, as well as the main elements of the strategy of the military sector. the General Authority of Military Industries to achieve national priorities.
The workshop focused on research, development and technology and emphasized the need to lead research and development in the military industries sector, to identify priority technologies and to develop skills in the sector through the creation of specialized education and training programs and the establishment of research centers and national laboratories specializing in the military industries sector.
The workshop also focused on military procurement, policy development, strategies and regulations, improving the efficiency and procurement management of military and security authorities, as well as program management and development. economic balance allowing the General Authority of Military Industries to transfer technologies and support local manufacturers.
The workshop also gave an overview of improved licensing mechanisms, in which three main types of licenses for military activities were identified: military manufacturing licenses, military service licenses and product supply licenses. or military services.
The Saudi General Authority of Military Industries is one of the most modern industrial sectors of the country. It was established in August 2017. It reflects Saudi Arabia's growing ambition to strengthen domestic military manufacturing capabilities and attempt to regulate this sector and make it an important player in the country. Saudi economy.
The main objective of the Authority is to achieve 50% of the Kingdom's expenditure on military equipment and services through the development of industries, research, technology and national skills, and to promote exports through planning. long-term military purchases.

Saudi Arabia

The Saudi economy