Local content refers to the extent to which government, private entities, and individuals direct their spending towards local workforce, goods, services, and technology, with the aim of keeping as much spending within the Kingdom as possible to boost economic growth.

A contractor shall submit to a government agency a gradual plan for the local content, whether of the contract or the establishment, using the form designated therefor on the local content portal within a period not exceeding 60 days from the date of awarding the contract.

Local content relies on a network of interconnected monetary, fiscal, and industrial policy tools to maximize the utility of domestic resources and realize a longer-term multiplier effect.

Apply Local Content preference mechanisms that empower the private sector to be more competitive. Monitor Local Content performance across several metrics. The PIF Local Content Policy is a key enabler of MUSAHAMA Program designed to build a strong Local Content foundation across the portfolio.

Apr 29, 2024 · Local content refers to the quota of locally sourced materials, products, labor, and services that must be used in various industries, particularly within projects or operations that are foreign-funded or international.

What is Local Content? Local content is an economic strategy to enhance national output (Growth Domestic Product) by increasing local spending and encouraging national components to participate in financial activities.

Local content refers to the total expenditure through the participation of Saudi elements in labour, goods, services, and productive and technological assets.

We help clients bolster local content to drive in-country value creation, strengthen resilience amid global economic uncertainty, and simulate sustainable growth.

What is local content? Local content is a national agenda that involves all economic segments in its development and empowerment, starting from individuals in the community to the private and public sectors.

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