Brand of the Basic Group for Army Industries
The Public Group for Army Industries, in cooperation with the Ministry of Trade and Mineral Assets and the Nationwide Consolies Middle, has introduced the launch of the stage of requesting need and the request for rehabilitation to allocate the clothes and navy tools manufacturing unit in Riyadh and Al -Kharj.
The allocation course of might be applied by a purchase order settlement in response to which the complete property of the manufacturing unit is transferred from the Basic Group for Army Industries to the non-public sector.
The Council of Ministers had not too long ago agreed to allocate the clothes and navy tools manufacturing unit.
The switch of possession consists of compliance with the navy business laws and licensing necessities issued by the Basic Authority for Army Industries.
In accordance with an official assertion, the allocation will contribute to sustaining the manufacturing capability of the manufacturing unit and strengthening it within the fields of navy and civilian garments and tools, whereas enabling the event of recent business alternatives, together with growth in enterprise markets between corporations and export alternatives.
The method can even help the graceful transition of operations, workforce and provide chains to non-public sector possession.
This step confirms the Kingdom’s dedication to constructing a system of aggressive, sustainable and revolutionary defensive industries, and strengthening the nationwide industrial base. The non-public sector additionally gives new alternatives within the strategic sectors, consistent with the targets of Saudi Imaginative and prescient 2030.
The Public Group for Army Industries, in cooperation with the Ministry of Trade and Mineral Assets and the Nationwide Consolies Middle, known as on traders to go to the web site of the Nationwide Consolies Middle, noting that the deadline for submitting functions is October 16, 2025.
