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الاقتصادية
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الاقتصادية

2026-08-06T08:28:55.409Z

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Saudi Arabia invests 11B riyals to boost digital procurement efficiency

Saudi Arabia invests 11B riyals to boost digital procurement efficiency

In 2025, Saudi Arabia witnessed a cumulative digital framework agreement spending exceeding 11 billion SAR in government procurement, with 70.83% of purchase operations conducted digitally and procurement cycles reduced by over 90%. These framework agreements provide standardized contracts between government entities and suppliers, aiming to accelerate procurement processes and achieve greater efficiency in government spending by unifying specifications and prices and minimizing administrative procedures. Reports have shown that this model has significantly reduced procurement time, improved the quality of services provided, and expanded the range of products and services that can be purchased digitally, with more than 10,000 purchase orders executed through the system. Additionally, this approach enhances private sector participation, increases competitiveness, and serves as a central framework for achieving digital transformation goals and developing Saudi Arabia’s digital economy.

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