Made in Saudi
| Made in Saudi (MiS) | |
|---|---|
| صنع في السعودية | |
 | |
| Founder | Mohammed bin Salman |
| Country |  Saudi Arabia |
| Ministry | Saudi Export Development Authority |
| Key people | Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources |
| Established | 28 March 2021 |
| Status | Active |
| Website | saudimade |
Made in Saudi (MiS; Arabic: صنع في السعودية), 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
[edit]According to the website of Saudi Vision 2030, the objectives of Made in Saudi program are:[7]
- Promoting Saudi products and services locally, regionally and internationally
- Encouraging national companies to join the program.
- Raising awareness and confidence in national products and services among local and foreign consumers.
- Enhancing interaction between members of national companies and transfer experience and expertise between them through workshops and interactive meetings.
- Launching a unified identity that contributes to raising the quality of national products and services.
- Increasing Saudi non-oil exports in priority export markets.
- Enhancing the attractiveness of the Saudi industrial sector to the domestic and foreign investments.
See also
[edit]References
[edit]- ^ "'Made in Saudi' initiative to launch March 28". Arab News. 2021-03-17. Retrieved 2022-11-13.
- ^ "'Made in Saudi' initiative to launch on March 28, supporting national products". Al Arabiya English. 2021-03-18. Retrieved 2022-11-13.
- ^ Fatima, Sakina (2021-03-18). "'Made in Saudi' initiative to launch on March 28". The Siasat Daily. Retrieved 2022-11-13.
- ^ "Al-Khorayef launches 'Made in Saudi' Program to back national products & services". Saudigazette. 2021-03-28. Retrieved 2022-11-15.
- ^ "برعاية ولي العهد .. وزير الصناعة يعلن انطلاق برنامج "صنع في السعودية" | صحيفة الاقتصادية". 2021-03-29. Archived from the original on 2021-03-29. Retrieved 2022-11-13.
- ^ "Home Page | الشرق الأوسط". 2020-11-15. Archived from the original on 2020-11-15. Retrieved 2022-11-13.
- ^ "Saudi Arabia - Foreign Investments". Foreign Law Guide. doi:10.1163/2213-2996_flg_com_162102. Retrieved 2022-11-13.