Aramco CEO: Current conditions are excellent to localize supply ‎chains in the Kingdom

Eng. Amin Hassan Al-Nasser, President and Chief Executive Officer of the Saudi Arabian Oil Company “Aramco”, confirmed that the current conditions are excellent and favorable to bring about a new qualitative leap in the localization of supply chains in the Kingdom.

This came during his speech at the opening of the “Iktifa” conference and exhibition, which started today, January 30, and will continue until February 2, when he said: “I am very happy to say that, as of today, we have achieved 63% of local content through our purchases, and we are aiming for 70% by 2025.