Saudi Arabia looks to localize 50% of military procurement

11/12/2016 Argaam

Saudi Arabia’s state-owned Military Industries Corporation is working to set up global partnerships in order to build local factories that would produce at least 50 percent of the kingdom’s military procurement needs as per Vision 2030, its president Mohamed Al-Mady told Al Watan newspaper.

 

The corporation has set up a strategic plan to manufacture advanced products that would be unveiled soon, he added.

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