Saudi Pavilion Highlights Military Industry Achievements At EUROSATORY 2024

The Kingdom of Saudi Arabia concluded its participation in the Global Event for Defence and Security EUROSATORY 2024, held from June 17 to 21 in Paris. The Saudi pavilion at the exhibition attracted significant attention, with numerous visitors exploring the latest achievements, products, and developments in the Kingdom's military sector.

Organised by the General Authority for Military Industries (GAMI), the Saudi pavilion showcased the Kingdom's invitation to global investors interested in military industries. It highlighted efforts to develop research and innovation, as well as policies, legislation, and incentives that stimulate localisation and enablement of the sector, enhancing supply chains and investment opportunities.

The pavilion also emphasised the importance of collaboration to achieve the military-industrial sector's strategy. On the sidelines of Eurosatory 2024, during Saudi-French Day, GAMI Governor Eng. Ahmad Abdulaziz Al-Ohali discussed establishing industrial and defence alliances between Saudi Arabia and France. GAMI Deputy Governor for Enablement Saleh bin Abdullah Al-Aqili addressed the regulatory structure and management of local content policy in Saudi Arabia.

The Saudi pavilion at Eurosatory 2024 saw numerous meetings, initiatives, and partnerships with participating entities, demonstrating success in achieving national goals in the military-industrial sector. The pavilion resulted from collaboration among various entities from both public and private sectors, including the Ministry of Investment represented by the Invest Saudi platform (INVEST SAUDI) and the General Authority for Defence Development (GADD).

Several major Saudi national institutions and companies specialised in military industries participated. These include Saudi Arabian Military Industries (SAMI), Saudia Technic, Life Shield for military industries (Life Shield), Scopa Industries (Scopa), Arabian International Co. for Steel Structures (AIC Steel), Saudi Leather Industries Company (SLIC), Al-Esnad for Military Supplies (AL-ESNAD), Khidmat Ray Manufacturing Co. (KRMC), and the World Defence Show (WDS).

The participating entities reviewed the rapid steps taken by the military-industrial sector to continue localising and enabling the sector. They highlighted local capabilities that meet the practical needs of military agencies within the framework of attracting quality investments to develop a thriving economy and sustainable industry.

With inputs from SPA