Made in Saudi explained

Made in Saudi
Country: Saudi Arabia
Current Status:Active
Founder:Mohammed bin Salman
Ministry:Saudi Export Development Authority
Native Name:Arabic: صنع في السعودية
Abbreviation:MiS
Key People:Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources

Made in Saudi (MiS;), also referred to as Saudi Made, are certification marks designating a claim that Saudi Arabia is the country of origin of a good. The initiative was launched in line with the Saudi Vision 2030 by Saudi crown prince Mohammed bin Salman in March 2021 to encourage domestic production and services within the country.[1] [2] [3] It is enforced by the Saudi Export Development Authority through stylisation SAUDI MADE and is part of the National Industrial Development and Logistics Program (NIDLP).

The initiative was launched by Minister of Industry and Mineral Resources Bandar bin Ibrahim al-Khorayef in March 2021 under the auspices of Crown Prince Mohammed bin Salman.[4] As per the analysts, the program would let the private sector contribute an estimated 65% increase in the national GDP while expecting the non-oil domestic sector to surge from 16% to 50% by 2030.[5] [6]

Objectives

According to the website of Saudi Vision 2030, the objectives of Made in Saudi program are:[7]

See Also

Notes and References

  1. Web site: 2021-03-17 . 'Made in Saudi' initiative to launch March 28 . 2022-11-13 . Arab News . en.
  2. Web site: 2021-03-18 . 'Made in Saudi' initiative to launch on March 28, supporting national products . 2022-11-13 . Al Arabiya English . en.
  3. Web site: Fatima . Sakina . 2021-03-18 . 'Made in Saudi' initiative to launch on March 28 . 2022-11-13 . The Siasat Daily . en-US.
  4. Web site: 2021-03-28 . Al-Khorayef launches 'Made in Saudi' Program to back national products & services . 2022-11-15 . Saudigazette . English.
  5. Web site: 2021-03-29 . برعاية ولي العهد .. وزير الصناعة يعلن انطلاق برنامج "صنع في السعودية" صحيفة الاقتصادية . 2022-11-13 . https://web.archive.org/web/20210329113041/https://www.aleqt.com/2021/03/28/article_2059526.html . 2021-03-29 .
  6. Web site: 2020-11-15 . Home Page الشرق الأوسط . 2022-11-13 . https://web.archive.org/web/20201115233758/https://aawsat.com/home/article/2618196/%C2%AB%D8%B5%D9%8F%D9%86%D9%90%D8%B9%D9%8E-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9%C2%BB-%D9%84%D8%AA%D8%B1%D9%88%D9%8A%D8%AC-%D8%A7%D9%84%D9%85%D9%86%D8%AA%D8%AC%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-%D8%A7%D9%84%D9%88%D8%B7%D9%86%D9%8A%D8%A9-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7%D9%8B . 2020-11-15 .
  7. Saudi Arabia - Foreign Investments . 2022-11-13 . Foreign Law Guide. 10.1163/2213-2996_flg_com_162102 .