XXXV, No 21, 13/11/2017
Saudi 2030 plan releases new localisation policies
Saudi Arabia is in the process of preparing new offset rules. In addition to the requirements enforced through formal agreements, the kingdom is proposing localisation and local content. “There are new offset guidelines being developed but we do not know when they are going to be released. We also don’t know, for those of us who are under current agreements, what that means,” said Lockheed Martin executives.