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Local Content Authority Increases Local Content Requirements
The Local Content and Government Procurement Authority announced the expansion of the requirement for a minimum local content at the facility level as a condition for benefiting from the mandatory list of national products. This aims to enhance local content participation in the national economy and develop the industrial sector. Following a market study, it was revealed that the expansion will cover 965 products across 14 sectors, with implementation starting from June 1, 2028. The initiative seeks to increase localization and improve the capacities of domestic factories, while also enabling companies to prepare for compliance before the requirements are enforced.
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