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Widening of local content requirements for national products
The Local Content and Government Procurement Authority has announced the expansion of the minimum local content percentage requirement across 14 sectors, covering 965 products. The goal is to boost domestic content participation in the economy and enhance the capabilities of local factories. The implementation of these requirements will begin on June 1, 2028, following an assessment of the market and factory capacities. This aims to enable enterprises to prepare and comply with the new regulations, thereby strengthening the competitiveness of the industrial sector and reinforcing local content.
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