SAR Surpasses 2025 Local Content Target with 67. 35% Achievement - Business Today Middle East
Saudi Arabia Railways (SAR)has exceeded its 2025 local content target, achieving alocal content score of 67. 35%, highlighting the company’s continued efforts to strengthen local supply chains, increase the. . .
Saudi Arabia Railways (SAR)has exceeded its 2025 local content target, achieving alocal content score of 67. 35%, highlighting the company’s continued efforts to strengthen local supply chains, increase the participation of Saudi suppliers and manufacturers, and build a more sustainable national railway ecosystem. The company also recorded a22. 3% increase in local added valuecompared with 2024, reflecting the success of its strategy to expand the use of locally sourced products and services, enhance private sector participation in railway projects and operations, and accelerate the localization of industries and services supporting the rail sector. In recognition of this achievement, SAR was awarded theLocal Content Certificateby theLocal Content and Government Procurement Authority, acknowledging the company’s success in meeting its local content objectives and contributing to Saudi Arabia’s economic development. Commenting on the milestone,SAR CEO Dr. Bashar Al-Maliksaid exceeding the company’s 2025 target by more than7%demonstrates the effectiveness of SAR’s strategy to maximize local content and create greater value for the national economy. He noted that the company continues to expand opportunities for local suppliers and manufacturers, empower the private sector, and advance the localization of railway-related industries and services. Al-Malik added that the achievement reinforces SAR’s commitment to further increasing local content and supporting the development of the Kingdom’s railway industry, in line with the goals of theNational Transport and Logistics StrategyandSaudi Vision 2030.