What is the Made in Saudi Arabia program and the Kingdom’s goals

06/04/2024
by Abdullah Tahan

The Made in Saudi Arabia program is a national initiative launched by the Saudi Export Development Authority as part of the National Industry and Logistics Development Program. The program aims to stimulate national industries, encourage consumers to buy local goods, and develop and enhance the Kingdom’s exports to global markets. The Made in Saudi Arabia program is committed to building a unified industrial brand with the aim of providing promising opportunities for companies, expanding the scope of their business, and promoting their products locally and globally. 

This program represents an opportunity to celebrate technical innovations and creative talents, and contributes to achieving the Kingdom’s ambitious vision for the national economy. Using the “Made in Saudi Arabia” logo on the products of Saudi companies also contributes to enhancing the Kingdom’s image in the world.

Features of the Made in Saudi Arabia program

The Made in Saudi Arabia program is distinguished by many aspects that contribute to the development of national industries and the promotion of local and international trade. This program represents an ideal opportunity for companies to expand their business and increase their competitiveness in local and global markets. 

Thanks to its adoption of the “Made in Saudi Arabia” label, the Kingdom’s image is enhanced as a leading destination in the field of technical innovation and creativity. The program also contributes to encouraging these innovations and stimulating creative talents to add more value to local products and services.

The importance of the Made in Saudi Arabia program

The Made in Saudi Arabia program is of great importance in achieving the economic and industrial development of the Kingdom. The program aims to strengthen local industries and encourage consumers to buy Saudi products, which will increase the revenues of local companies and provide new job opportunities.

Thanks to the use of the “Made in Saudi Arabia” logo on local products, the Kingdom’s image is enhanced in international markets and consumer acceptance and confidence in these products is increased. The program also contributes to encouraging technical innovation and developing creative talents.

In addition, the Made in Saudi Arabia program helps increase the country's foreign trade volume, as it encourages the export of high-quality products and the achievement of self-sufficiency in some industries. In this way, the program achieves the Kingdom's strategic goals in transforming its economy into a sustainable and technologically advanced one.

The Made in Saudi Arabia program reflects the Kingdom’s commitment to achieving economic and industrial development and transformation, and is an important opportunity to enhance the ability of local companies to compete in local and global markets.

The Kingdom’s goals in implementing the Made in Saudi Arabia program

The Made in Saudi Arabia program is committed to achieving several goals for the Kingdom in its implementation. 

First, the program aims to strengthen national industries and support local companies to improve their ability to compete in local and global markets.

Secondly, the program seeks to encourage consumers to buy local goods, which will increase sales of local businesses and provide new job opportunities.

Third, the Made in Saudi Arabia program aims to develop and enhance the Kingdom’s exports to global markets. By encouraging local companies to export high-quality products, an increase in the country's foreign trade volume is achieved.

Finally, the Made in Saudi Arabia program demonstrates the Kingdom's commitment to developing the industrial sector and economic transformation. The program contributes to developing talent skills and technical innovations, which enhances the ability of Saudi companies to compete strongly in the global labor market.

The impact of the Made in Saudi Arabia program on the local economy

The impact of the Made in Saudi Arabia program on the local economy has been enormous. The program contributed to strengthening local industries and improving the ability of Saudi companies to compete in local and global markets. It also contributed to increasing the sales of local companies and providing new job opportunities for citizens.

Thanks to the Made in Saudi Arabia programme, the capabilities and skills of employees and workers in various industrial sectors have been developed. Consequently, the skill level of the Saudi workforce increased, which enhanced its ability to achieve competitiveness in the labor market.

In addition, the Made in Saudi Arabia program contributed to increasing the country's foreign trade volume. Thanks to encouraging local companies to export their high-quality products, Saudi Arabia’s image as a country exporting value-added products has improved. This led to increased export revenues and improved the country's balance of payments.

In addition, the Made in Saudi Arabia program has contributed to attracting foreign direct investment into the country. With the development of local industries and increased competitiveness, Saudi Arabia has become an attractive investment environment and a home for profitable businesses.

In short, it can be said that the Made in Saudi Arabia program has had a significant impact on the local economy. It contributed to developing local industries, increasing their ability to compete, and providing new job opportunities. It also contributed to increasing the volume of the country's foreign trade and attracting important foreign investments.