Riyadh Seeks to Achieve Self-Sufficiency in Military Industries

SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
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Riyadh Seeks to Achieve Self-Sufficiency in Military Industries

SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.
SAMI is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.

In September 2022, Saudi Crown Prince Mohammad bin Salman said that the internal self-sufficiency of the military industries had increased from 2 to 15 percent, hoping that it would reach 50 percent, through Saudi plans and endeavors to develop the sector.

Vision 2030 has sought to establish an integrated military sector, starting from finding the appropriate infrastructure to the manufacture of Saudi military products that are capable of achieving self-sufficiency, and leading to the potential ability to export these products worldwide.

In fact, the vision aims to develop a sustainable military industries sector that raises the capability of military equipment, enhances self-sufficiency and contributes effectively to the national economy.

The Saudi concept has shifted from a mere purchase between a manufacturer and a buyer of military equipment, to partnership and gains for all parties to the process.

The Ministry of Defense, led by the young Prince Khalid bin Salman bin Abdulaziz, Minister of Defense, is working with the General Authority for Military Industries (GAMI) to continue supporting the ambitious localization plan.

In addition, the Saudi Arabian Military Industries (SAMI) of the Public Investment Fund (PIF) is seeking to be among the top 25 companies specialized in defense industries in the world by 2030.

The company relies on the latest technologies and the best competencies to develop defense products and services with international specifications and achieve self-sufficiency for Saudi Arabia in the field of defense industries.



Saudi Govt Reiterates Support for Efforts that Bolster Regional, Int’l Peace and Security

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Riyadh. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Riyadh. (SPA)
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Saudi Govt Reiterates Support for Efforts that Bolster Regional, Int’l Peace and Security

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Riyadh. (SPA)
Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chairs the cabinet meeting in Riyadh. (SPA)

The Saudi government reiterated on Tuesday its keenness on bolstering regional and international security and peace.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud chaired the cabinet meeting that was held in Riyadh.

The government underscored the Kingdom’s support for efforts to reach political solutions to regional and global conflicts. It also stressed its backing to every effort that could boost cooperation to confront international challenges.

King Salman thanked the leaders of friendly and brotherly countries for their messages of congratulations on the occasion of Saudi Arabia’s National Day, which falls on September 23.

The ministers hailed the Royal speech delivered at the inauguration of the first year of the ninth session of the Shura Council, which outlined the nation's priorities, goals, and achievements, and reiterated the Kingdom's unwavering commitment to promoting peace and prosperity in the world.

The ministers expressed gratitude to King Salman for his Royal Order approving the King Salman Foundation bylaws. They commended the foundation, which is a reflection of the Custodian of the Two Holy Mosques' commitment to building sustainable societies and investing in human development, and an extension of his longstanding tradition of charitable and humanitarian deeds.

The cabinet welcomed the United Nations General Assembly's adoption of a resolution calling for an end to the illegal occupation of Palestinian territories.

It stressed the need to take concrete and credible steps to achieve a just and comprehensive solution to the Palestinian-Israeli conflict in line with the Arab Peace Initiative and relevant international resolutions.

The cabinet hoped the Pact for the Future, adopted by the UN summit, will mark a significant turning point in multilateral action.

The Kingdom believes that the pact can help establish a modern and equitable international system that fosters rapid progress toward sustainable development goals, addresses the needs of all nations, bridges the digital gap, and supports emerging economies to strengthen the global financial system.

In addition, the cabinet deemed the Kingdom's successful bid for the presidency of the International Coral Reef Initiative as a testament to its international recognition and standing in the field of marine environment protection, biodiversity, and ecosystem conservation.

Moreover, the cabinet expressed pride in the Kingdom's impressive results in the UN indicators concerning e-government development and tourism. They further strengthen the Kingdom's leading position and highlight the significant progress it has made in various fields, conforming with the goals of Vision 2030.