Saudi govt's local procurement reaches 51%: Alkhorayef
Local content in government procurement has risen from 28 percent in 2018 to more than 51 percent by the end of 2025.
Riyadh: Local content in Saudi Arabia’s government procurement has surpassed 51 percent, according to Industry and Mineral Resources Minister Bandar Alkhorayef.
This significant increase was highlighted at the Local Content and Government Procurement Authority’s fourth Local Content Award ceremony held in Riyadh, showcasing efforts to boost domestic content as a key pillar of Vision 2030.
The vision aims to strengthen Saudi industries and reduce reliance on imports.
In his keynote speech at the event, Alkhorayef stated that local content in government procurement had escalated from 28 percent in 2018 to over 51 percent by the end of 2025.
This surge reflects a shift towards increased local spending both in government and private sectors.
Saudi Arabia aspires to elevate this percentage to 70 percent by 2030, under its transformative vision.
The Minister also mentioned that since 2021, when the industry-localization and knowledge-transfer approach was implemented, the authority has signed 80 agreements with investments exceeding SR18 billion ($4.8 billion) by the end of 2025.
The ceremony recognized 27 winners across public, private, non-profit, and individual sectors for their efforts in advancing local content.
Participation in the awards saw a growth of over 131 percent compared to the previous edition, with the introduction of two new tracks under the non-profit category acknowledging its role in economic and social development.
Government entities that received accolades include the Zakat, Tax and Customs Authority (ZATCA) which took the top spot in the high-spending track, followed by the Ministry of Transport and Logistic Services, with the Ministry of Human Resources and Social Development placing third.
The ZATCA spokesperson Humoud Al-Harbi emphasized their initiatives aimed at developing local content through procurement improvements and internal processes.
Excellence in Local Content awards were also distributed to medium- and low-spending entities.
The Roads General Authority took first place, followed by the Ministry of Energy, with the Saudi Ports Authority placing third.
Arif Al-Ruhaimi from the Saudi Ports Authority highlighted their 19 initiatives, including those focused on local content through service localization, industrial component localization, or human resource development.
In the state-owned companies’ category, STC Group secured the top award for its preference for local content, followed by Matarat Holding.
National Water Co ranked third in this category.
In the private sector, International Maritime Industries and Intra Defense Technologies received recognition in their respective categories.
Nonprofit entities such as Nusuk for Hajj and Umrah Foundation were also acknowledged, as well as individuals recognized for raising awareness about local content's national economic impact.
This significant increase was highlighted at the Local Content and Government Procurement Authority’s fourth Local Content Award ceremony held in Riyadh, showcasing efforts to boost domestic content as a key pillar of Vision 2030.
The vision aims to strengthen Saudi industries and reduce reliance on imports.
In his keynote speech at the event, Alkhorayef stated that local content in government procurement had escalated from 28 percent in 2018 to over 51 percent by the end of 2025.
This surge reflects a shift towards increased local spending both in government and private sectors.
Saudi Arabia aspires to elevate this percentage to 70 percent by 2030, under its transformative vision.
The Minister also mentioned that since 2021, when the industry-localization and knowledge-transfer approach was implemented, the authority has signed 80 agreements with investments exceeding SR18 billion ($4.8 billion) by the end of 2025.
The ceremony recognized 27 winners across public, private, non-profit, and individual sectors for their efforts in advancing local content.
Participation in the awards saw a growth of over 131 percent compared to the previous edition, with the introduction of two new tracks under the non-profit category acknowledging its role in economic and social development.
Government entities that received accolades include the Zakat, Tax and Customs Authority (ZATCA) which took the top spot in the high-spending track, followed by the Ministry of Transport and Logistic Services, with the Ministry of Human Resources and Social Development placing third.
The ZATCA spokesperson Humoud Al-Harbi emphasized their initiatives aimed at developing local content through procurement improvements and internal processes.
Excellence in Local Content awards were also distributed to medium- and low-spending entities.
The Roads General Authority took first place, followed by the Ministry of Energy, with the Saudi Ports Authority placing third.
Arif Al-Ruhaimi from the Saudi Ports Authority highlighted their 19 initiatives, including those focused on local content through service localization, industrial component localization, or human resource development.
In the state-owned companies’ category, STC Group secured the top award for its preference for local content, followed by Matarat Holding.
National Water Co ranked third in this category.
In the private sector, International Maritime Industries and Intra Defense Technologies received recognition in their respective categories.
Nonprofit entities such as Nusuk for Hajj and Umrah Foundation were also acknowledged, as well as individuals recognized for raising awareness about local content's national economic impact.
