Friday 25 Thu al-Hijjah 1441 H - 14 August 2020 M

ENHANCING PROCUREMENT

GAMI consolidates local defense and security demands to enhance procurement processes that achieve spending efficiency and ensure industrial localization always takes precedence.

Historically, offset obligations on large acquisitions have been regulated by the Economic Offset Program. Based on these offsets, OEMs and local industry players have established partnerships and joint ventures to conduct Transfers of Technology and increase local content. 

By identifying military procurement requirements alongside security and military entities, GAMI has taken a leading role to ensure best acquisition practices are standardized. 

GAMI has leveraged the sector’s collective purchase power to secure the most rewarding contract terms for Saudi Arabia’s military and security authorities, while reducing the Kingdom’s risk profile and better protecting its interests.