GAMI has 70 supply chains investment opportunities worth SAR 240B with US: Governor

09/02/2024 Argaam
Ahmed Al-Ohali,Governor ofThe General Authority for Military Industries (GAMI)

Ahmed Al-Ohali, Governor of The General Authority for Military Industries (GAMI)

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.

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