Core Viewpoint - Saudi Arabia's General Authority for Military Industries (GAMI) announced plans to increase local military spending localization rate to 24.89% by the end of 2024, with a target of over 50% by 2030 [1] Group 1: Localization Efforts - The announcement was made during the annual military industry conference in Riyadh [1] - GAMI aims to enhance spending efficiency, improve product and service quality, unify pricing, and streamline procurement processes through a military procurement framework agreement [1] Group 2: Procurement Agreements - Six framework agreements have been established, resulting in procurement orders valued at 28 billion Saudi Riyals (approximately 7.46 million USD) over four years [1] - These orders cover various sectors including ammunition, systems, equipment, communications, and military devices [1] Group 3: Transparency and Investor Support - GAMI launched a "National Military Industrial Platform" to improve transparency and accelerate procedural cycles, providing plans, guidelines, and instructions for investors and suppliers [1]
沙特军事开支本地化率提高至24.89%
Shang Wu Bu Wang Zhan·2025-11-12 14:47