GAMI governor says military industry localization rises to over 8% in 2020

16/11/2021 Argaam

Ahmed Al-Ohali, Governor of General Authority for Military Industries

The localization of military industries in the Kingdom rose to more than 8% by the end of 2020, compared to about 4% when the authority was established, Al Ekhbariya TV reported, citing Ahmed Al-Ohali, Governor of the General Authority for Military Industries (GAMI).

 

He added that the investment environment in the Kingdom witnessed development over the past years, driven by the incentives of registration procedures and taxes.

 

GAMI offered several incentives to local and foreign investors, including material, logistic and export support.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.