Local presence in Saudi Arabia is increasingly topping the agenda of companies who do, or who want to do business in Saudi Arabia. It is one of the ambitions of the Saudi Government to localize the business and this is described in a Government document called Vision 2030. Vision 2030 has resulted in a set of rules and guidelines which aims to localize businesses more and more thus creating more local added value. Complying with these rules and regulations is becoming increasingly conditional for executing possible future contracts in Saudi Arabia.
Our company International Industrial Products Trading (IIPT) is fully committed to the local programs resulting from the Vision 2030. We are reaching out to our foreign partners to determine if and how we can best service their interest in Saudi Arabia.
Abdulrahman Al-Dalaan – Chairman