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Local Content and Strategic Partnerships Deputyship

Overview
Local content refers to the overall expenditure within the Kingdom of Saudi Arabia, encompassing the involvement of Saudi resources in various areas such as manpower, goods, services, assets, technology, and related sectors.
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The importance of developing local content

Diversifying investment opportunities in the home economy and not being completely dependent on oil

Overall development, growth, and economic sustainability.

Increasing export opportunities and global competitiveness.

Local content goals

Developing local content in the water sector

Localization of industries in the water sector

Enhancing research and innovation

Building human capabilities

Building strategic partnerships

Local content enablers

Policies rules and regulations

The research and training arm

Purchasing power of the water sector

Digital and technical infrastructure

Experience and efficiency of human capital

Local content for fiscal year 2023
achieved

63.32%

Achieved local content percentage

billion

22.46

billion riyals

Total local expenditure

billion

35.48

billion riyals

Total relevant cost

Local content calculation elements for water sector expenditures

Workforce

Goods and services

Capacity building

Asset depreciation

Opportunities for localizing industry in the water desalination sector

  • Reverse osmosis membranes

  • Reverse Osmosis Membrane Pressure Vessels

  • Deposition inhibitors

  • Chemical washing materials for reverse osmosis membranes

  • Pumps

  • Valves

  • Energy Recovery Devices

  • Chemicals for Efficiency Improvement

  • Cartridge Filters

  • Dual Media Filters

  • Electric Motors

  • Manufacturing Spare Parts

Industry localization success stories
Reverse osmosis membranes
achieved

1.14

billion riyals

Return on GDP

billion

135

billion riyals

Impact on the balance of payments

reducing

53%

Reducing the average supply time

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