Saudi Arabia signs key deals worth $3.3 billion to strengthen domestic industries

Saudi Arabia signs 15 agreements at the Local Content Forum, boosting domestic industries with a $3.3 billion economic impact.

The government targets manufacturing, technology, and transportation sectors with new deals to drive local growth.

The Local Content and Government Procurement Authority launches initiatives to help localize industries and reach economic goals.

Agreements focus on local manufacturing, knowledge transfer, and innovation across key industries.

Saudi National Automotive Manufacturing Co., NAFFCO, and Alfanar take the lead in localizing automotive, firefighting, and data center tech.

Sadara Chemical Co. launches the "Wattenha" program to support local suppliers and enhance manufacturing.

Saudi Arabia Railways introduces an SR15 billion Saudization plan to localize rail production and create 3,000 jobs by 2030.

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