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The Local Content Award ceremony for the second edition 2024 was organized and held in Riyadh. With the aim of motivating and honoring the public and private sectors, and state-owned companies, in order to increase local content in various sectors and develop their performance in the implementation of contracts and projects, with the aim of enhancing local capabilities and maximizing the benefit of national purchasing power, to build a strong and sustainable economy.
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Local content plays a crucial role in the development of non-oil sectors and GDP, and as a result of its importance, the Kingdom’s leadership has taken many steps toward its enhancement and development.
The award aims to motivate and honor the public and private sectors, and state-owned companies, in order to increase local content in various sectors and develop their performance in implementing contracts and projects. With the aim of enhancing local potential and maximizing the benefit of national purchasing power, to build a strong and sustainable economy.
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