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).
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 |
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
editAccording 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
editReferences
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.