Iktva
VIDEO: How does iktva contribute to fostering growth and boosting competitiveness?
Localization program strategically increases local content and supports economic diversification.
Our iktva program aims to contribute to fostering growth and enhancing competitiveness in the Kingdom’s industrial sector by strategically increasing local content and supporting economic diversification
iktva is a program designed to transform the local supply base by accelerating local content development in the Kingdom through:
- linking iktva in procurement to enhance value creation
- attracting investments to close supply chain gaps
- enabling anchor projects to enhance ecosystem localization
- developing local workforce to ensure their readiness
Through iktva
we aim to advance the Kingdom’s industrial capabilities and achieving substantial economic growth.