Saudi Cabinet approves NICDP rebranding

25/08/2020 Argaam

 

The Saudi Cabinet approved rebranding the National Industrial Clusters Development Program (NICDP) to National Industrial Development Center.

 

The Saudi Clusters Program was initiated by the government to develop and provide support to a range of new industries. The mission of the Saudi Clusters Program is to grow and diversify the economy by developing targeted industrial clusters that leverage the Kingdom’s resources.

 

The Saudi Cabinet, during the same session, also approved amending the business regulations.

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