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        "rendered": "<div data-elementor-type=\"wp-page\" data-elementor-id=\"2555\" class=\"elementor elementor-2555\">\n\t\t\t\t<div class=\"elementor-element elementor-element-264ea7db e-flex e-con-boxed e-con e-parent\" data-id=\"264ea7db\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-7eeaaad5 e-flex e-con-boxed e-con e-child\" data-id=\"7eeaaad5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-124ebf2a elementor-widget elementor-widget-heading\" data-id=\"124ebf2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Local 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class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Importance of Local Content:<\/strong><br \/>The concept of local content plays a major role in developing non-oil sectors and GDP, attracting special attention from the government.<\/p><ul><li>Local content certificate became mandatory for benefiting from national product preference from May 1, 2023, for sectors:<ul><li>Medical supplies<\/li><li>Chemicals and fertilizers<\/li><li>Furniture<\/li><\/ul><\/li><li>From September 1, 2023, the certificate will also be required for sectors:<ul><li>Construction<\/li><li>Cleaning consumables<\/li><li>Equipment and personal\/home supplies<\/li><\/ul><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-973bb6c elementor-widget elementor-widget-heading\" data-id=\"973bb6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Definition of Local Content<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2456d77 elementor-widget elementor-widget-text-editor\" data-id=\"2456d77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Local content is the total expenditure in Saudi Arabia through the participation of Saudi elements in:<\/p><ul><li>Workforce<\/li><li>Goods and services<\/li><li>Productive and technical assets<\/li><\/ul><p><strong>Simplified Objective:<\/strong> Preserve as much spending as possible within the Kingdom by government, private entities, or individuals.<\/p><p><strong>Local Content Elements:<\/strong><\/p><ul><li><strong>Assets:<\/strong> Sources and components of goods for local production chains<\/li><li><strong>Workforce:<\/strong> Labor involved in producing local products or providing local services<\/li><li><strong>Goods and Services:<\/strong> Local components used in producing goods or services<\/li><li><strong>Technology:<\/strong> Research and development and training of Saudi workforce<\/li><\/ul><p><strong>Impact:<\/strong> Enhances Saudi Arabia\u2019s economic competitiveness and develops local capacities to compete globally.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd44c7d elementor-widget elementor-widget-heading\" data-id=\"dd44c7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Mechanisms of Local Content Preference:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-58169ad elementor-widget elementor-widget-text-editor\" data-id=\"58169ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Mechanisms defined in the local content and SME preference regulation within the new government procurement system, giving preference to national products, local content, SMEs, and listed companies. Mechanisms include:<\/p><ul><li>Price preference<\/li><li>Mandatory list<\/li><li>Weight of local content in financial valuation<\/li><li>Minimum local content requirement<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3b796f9 elementor-widget elementor-widget-heading\" data-id=\"3b796f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Our Office and Its Role:<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8451683 elementor-widget elementor-widget-text-editor\" data-id=\"8451683\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Our office, accredited by the authority, verifies local content ratios through:<\/p><ul><li>Inspecting and auditing baseline models<\/li><li>Adhering to procedures approved by the Local Content and Government Procurement Authority<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>",
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        "rendered": "<p>Local Content Local Content Services Importance of Local Content:The concept of local content plays a major role in developing non-oil sectors and GDP, attracting special attention from the government. Local content certificate became mandatory for benefiting from national product preference from May 1, 2023, for sectors: Medical supplies Chemicals and fertilizers Furniture From September 1, [&hellip;]<\/p>",
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