The General Authority for Military Industries (GAMI) has identified 70 supply chains investment opportunities with the US, Al Eqtisadiah newspaper reported, citing Governor Ahmed Al-Ohali.
He added that the investment opportunities range from SAR 200 to 240 billion.
If the authority localizes only 50% of such investments, there will be investments worth SAR 130-140 billion available over the next 10 years, Al-Ohali said.
He indicated that GAMI has already begun to consider such investments and chose the highest 80% in value to offer them to investors.
Source : Argaam