An economist/meeting (Nused TM Executive Council) focuses on stimulating local content The Saudi Press Agency

Riyadh, Safar 26, 1443 AH, corresponding to October 03, 2021 AD
The Executive Council of the “Nused™” initiative – one of the initiatives of the Saudi Basic Industries Corporation “SABIC” to promote local content and achieve the Kingdom’s Vision 2030 – held its tenth meeting virtually, to discuss ways to help stimulate local content and support commercially viable sectors to achieve future growth, in the presence of senior government officials and representatives The business sector and senior executives of “SABIC”.
The Council reviewed the progress made in the “We Support Excellence” program, which aims to spread a culture of operational excellence in the industrial community in the Kingdom, and this was supported by a number of success stories that were achieved during the previous phase. The attendees also discussed the initiative of the Ministry of Human Resources and Social Development related to employment. Modern, and the plan presented by the Ministry of Industry and Mineral Resources regarding the local supply chain.
The council consists of senior SABIC executives and high-level representatives from the Ministry of Human Resources and Social Development, the Ministry of Industry and Mineral Resources, the Ministry of Investment, the General Authority for Small and Medium Enterprises “Monsha’at”, the General Authority for Local Content and Government Procurement, and the Council of Saudi Chambers.
The Nusaned™ Executive Council represents a national platform that seeks to achieve the Kingdom’s Vision 2030 and face the most prominent industry challenges, especially work systems, as well as exploring opportunities in new industrial sectors.
The Council seeks to provide more job opportunities for young people, increase industrial exports, reduce dependence on imports, and support the national business sector to achieve the interests of the state and citizens as stated in the objectives of the Kingdom’s Vision 2030.
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economistmeeting Nused Executive Council focuses stimulating local content Saudi Press Agency

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