https://arab.news/58myc
RIYADH: Saudi Arabia is all set to promote its industrial acumen at an event from Oct. 16-19, showcasing its products as a preferred choice of consumers in local and global markets.
According to the Saudi Press Agency, the Ministry of Industry and Mineral Resources and the Saudi Export Development Authority will spearhead this event as part of the Made in Saudi Program.
Called “Saudi Craftsmanship,” the program’s second edition will feature 100 local companies from about 20 sectors, including petrochemicals, renewable energy and the automotive industry.
Representatives from the marine, building materials, food and pharmaceutical industries will also be present.
The event will host workshops and seminars advocating the success of the “Made in Saudi” brand and the contributions of the Kingdom’s National Industrial Strategy in achieving the goals outlined in the Kingdom’s Vision 2030, reported the SPA.
The strategy aims to accelerate the Kingdom’s industrial base as the country steadily diversifies its economy away from oil.
“The National Industrial Development and Logistics Program aims to offer more vacancies to the national workforce through creating 1.6 million new jobs by 2030, which contributes to the Saudi GDP (gross domestic product) and increases Saudi exports,” according to Made in Saudi Arabia’s website.
The Kingdom is currently aiming to increase the dependence on non-oil exports from 16 percent to 50 percent by 2030, the website added.
Launched in 2021 by the NIDLP and the SEDA, Made in Saudi Program celebrates the Kingdom’s homegrown talent and innovation.