More than 850 companies apply for ‘Made in Saudi’ program

  • Date: 08-Apr-2021
  • Source: Eye of Riyadh
  • Sector:Economy
  • Country:Saudi Arabia
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More than 850 companies apply for ‘Made in Saudi’ program

More than 850 companies have applied to join the '"Made in Saudi“ program, the Saudi Press Agency reported.   Faisal Al-Bedah, the secretary-general of the Saudi Export Development Authority, on Wednesday addressed aspects of the program during a virtual meeting organized by the Industrial Committee in Riyadh Chamber. He introduced the program, the benefits of joining it, and the companies qualified to benefit from its services. Al-Bedah highlighted the program's objectives, namely increasing domestic consumption and market share of domestic goods and services, increasing Saudi non-oil exports in priority export markets, and enhancing the attractiveness of the Saudi industrial sector for domestic and foreign investment. He said the "Made in Saudi“ program promoted national identity, boosted the contribution of the private sector to the economy, launched the capabilities of promising non-oil sectors by developing their exports, and enabled the creation of teams through small and medium-sized enterprises and micro-enterprises. Companies who want to be part of the program can apply online, with an initial verification done through a dedicated website to check companies' eligibility. Products should be grown, extracted or produced in Saudi Arabia and fall under one of the listed industries: Construction, textiles, pharmaceuticals and medical, processed foods, or fresh produce. "Made in Saudi“ will play