The concept of local content in Saudi Arabia
The concept was developed as part of national regulatory efforts to promote economic development in Saudi Arabia. This concept aims to increase local spending by encouraging the participation of the Saudi workforce and relying on local products and services. Local content includes all elements of production within the Kingdom. including goods, services, and And technology.
Templates used:
- Point model (base): Measures the actual content score achieved by the company during the previous fiscal year.
- Content plan templates: Defines the target goals for content when submitting proposals or projects.
- Periodic or final report forms: Used to evaluate the progress of the content grade, both during the contract period and at the end of the contract.