Mechanisms and requirements for local content in government business and procurement

Local content is of great importance in supporting the economic diversity of the country, as focusing on local content contributes to enhancing the productive and competitive capabilities of local establishments, which supports the growth of the national economy and provides job opportunities for citizens, developing skills, qualifying national competencies and building their capacities, transferring and localizing technology, enhancing economic and industrial security, and preserving national resources and wealth. It also contributes to developing technical and administrative skills among local suppliers, and stimulates the transfer of foreign technologies and expertise to the local market, and developing the technological capabilities of local companies. Local content also plays a role in reducing risks associated with supply and maintaining the sustainability of supply chains, and preserving national resources, wealth and local human potential.

The course aims to:

Learn about the concept of local content and its importance at the local and international levels.

Review some international experiences and measure them with the experience of local content in the Kingdom.

Know the indicators for measuring local content and how to obtain a local content certificate.

Familiarity with the rules of the local content preference regulation, local small and medium enterprises and listed companies.
Knowing the types of local content mechanisms (mandatory list, price preference mechanism for local products, mechanism for preferring small and medium enterprises, mechanism for weighing local content in financial evaluation, mechanism for the minimum required for local content.
Acquiring the skill of calculating preference ratios and fines ratios in local content.
Learning how to prepare the required local content documents.
Being familiar with the requirements of the Local Content Authority and government procurement.
Knowing the role of the government entity and its relationship with the Local Content Authority and the Spending Efficiency Authority regarding local content