Minister of Industry and Mineral Resources Bandar Al-Khorayef emphasized that one of the main objectives of the \u00abMade in Saudi Arabia\u00bb program is to support local products and create a unified image for Saudi products both domestically and internationally, revealing that the program will contribute to the creation of 1.3 million jobs for Saudi men and women.<\/p>\n\n\n\n
Al-Khuraif emphasized that one of the ministry\u2019s most important goals is to localize the consumer goods industry, Al-Khuraif said at the Government Communication Conference last Wednesday that, in accordance with its announced plans, the Kingdom aims to increase the share of non-oil exports from 16% to 50% of total exports under Vision 2030.<\/p>\n\n\n\n
He emphasized that the industrial sector aims to attract domestic and foreign investment to the Kingdom, building on a 45-year legacy of Saudi industrial development and the successes and achievements attained through the construction of 10,000 factories with investments totaling 1.1 trillion riyals.<\/p>\n\n\n\n
He revealed that, thanks to state support for factories, Saudi products have reached 178 countries around the world. The Minister of Industry and Mineral Resources emphasized that the program aims to promote a \u00abculture of loyalty to domestic products.\u00bb It was designed based on a study of the experiences of several countries that have achieved significant success in developing their industrial capabilities, by encouraging their citizens and instilling a spirit of loyalty to domestic products and prioritizing them\u2014which has contributed to the localization of industries and the achievement of self-sufficiency at various levels. He spoke about the Kingdom\u2019s geographical advantage, which facilitates seizing industrial opportunities within the local market and capitalizing on connections to global markets through Saudi Arabia\u2019s largest and busiest ports in the region.<\/p>\n\n\n\n
Al-Khuraif confirmed that the ministry will establish a committee to review the incentives provided to projects and investments that will be eligible for additional benefits.<\/p>","protected":false},"excerpt":{"rendered":"
Reading time: <\/span> < 1<\/span> Minute<\/span><\/span>Minister of Industry and Mineral Resources Bandar Al-Khorayef emphasized that one of the main objectives of the \u00abMade in Saudi Arabia\u00bb program is to support local products and create a unified image for Saudi products both domestically and internationally, revealing that the program will contribute to the creation of 1.3 million jobs for Saudi men and women. Al-Khuraif emphasized that one of the ministry\u2019s most important goals is to localize the consumer goods industry. Speaking at the Government Communication Conference on Wednesday, Al-Khuraif said \u2026 Read more<\/a><\/p>","protected":false},"author":10,"featured_media":31014,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"\u0635\u0646\u0639 \u0641\u064a \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 .. \u0628\u0631\u0646\u0627\u0645\u062c \u00ab\u0635\u0646\u0639 \u0641\u064a \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629\u00bb \u064a\u0633\u062a\u0647\u062f\u0641 \u0625\u064a\u062c\u0627\u062f 1.3 \u0645\u0644\u064a\u0648\u0646 \u0648\u0638\u064a\u0641\u0629","_seopress_titles_desc":"\u0623\u0643\u062f \u0648\u0632\u064a\u0631 \u0627\u0644\u0635\u0646\u0627\u0639\u0629 \u0648\u0627\u0644\u062b\u0631\u0648\u0629 \u0627\u0644\u0645\u0639\u062f\u0646\u064a\u0629 \u0628\u0646\u062f\u0631 \u0627\u0644\u062e\u0631\u064a\u0641 \u0623\u0646 \u0645\u0646 \u0623\u0628\u0631\u0632 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