The Saudi General Authority for Military Industries (GAMI) announced on Monday ten investment opportunities with joint military and civilian uses as a first stage.
The new investments are part of the direct outcome of the Military Industries Enabler initiative, launched by the Authority earlier this year.
It underscores Saudi Arabia’s commitment to enhancing its military capabilities, diversifying its economy, and providing attractive investment opportunities.
The investment portfolio is designed to cater to various stakeholders in the defense sector, including manufacturers and service providers. It also extends an invitation to supporting industries that can enhance the nation’s strategic military readiness.
The opportunities available through the Authority’s official website and the “Invest in Saudi Arabia” platform aim to provide attractive opportunities for investors and those interested in establishments operating in the sector, including manufacturers and service providers.
GAMI Governor Ahmed al-Ohali appreciated the efforts of Minister of Investment Khaled al-Falih for the support provided by the Ministry in enabling local and international investors.
He highlighted the crucial role of the Ministry of Investment in facilitating access to sector opportunities for local and international investors through the Invest in Saudi Arabia platform.
The Authority urged investors and those interested to visit its website and communicate with the work team to answer any inquiries, explain these opportunities in more depth, and enable access via the designated e-mail.