26 Jumada I 1446 - 27 November 2024
    
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Eye of Riyadh
Business & Money | Saturday 10 February, 2024 1:04 am |
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GAMI has 70 supply chains investment opportunities worth SAR 240B with US: Governor

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

 

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