Saudi Arabia aspires to localize 65% of supply chain: Al-Rumayyan

Yasir Al-Rumayyan, Governor of Public Investment Fun

Saudi Arabia aims to ensure that at least 65% of its supply chain is domestic, and this is part of the Vision 2030, Yasir Al Rumayyan, Governor of Public Investment Fund (PIF), said at the 6th Future Investment Initiative (FII) in Riyadh.

Al-Rumayyan said that each country has to provide its own supply chain.

He pointed out that extremism is not a solution, such as services and products restriction by several countries instead of expansion that was witnessed over the recent two decades, is currently taking global markets back instead of moving forward.