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The Deputy Minister of Industry and Mineral Resources affirms that the machinery and equipment industry is considered a promising sector within the Kingdom. It contributes to enhancing industrial competitiveness and localizing value-added industries. The ministry aims to support the growth of this sector by facilitating access to information, providing raw materials, leveraging incentives, and boosting local content, with the primary goal of satisfying the domestic market before focusing on exports. This initiative is part of the Kingdom's efforts to achieve the goals of Vision 2030 and increase the industrial sector's contribution to the global gross domestic product.
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