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RIYADH: The governor of ¶¶Òõ¶ÌÊÓƵ’s General Authority for Military Industries met with various CEOs and leaders of major international companies operating in the military industries sector on the sidelines of the Future Investment Initiative on Thursday.
The meeting was attended by several companies including French defense group Thales, Boeing Defense, Space & Security, General Dynamics Corp., Leonardo SpA and Lockheed Martin.
During the meeting, Ahmed bin Abdul Aziz Al-Ohali discussed strategic directions in the military industries sector in ¶¶Òõ¶ÌÊÓƵ.
He also discussed the Kingdom’s investment environment, which is witnessing an unprecedented push to empower local and international investors in light of the objectives of the Vision 2030 reform program to localize military industries in ¶¶Òõ¶ÌÊÓƵ.
Al-Ohali highlighted the qualitative opportunities, great potential and unlimited support that the military industries sector enjoys in the Kingdom.
He said it is important for these companies to open headquarters in ¶¶Òõ¶ÌÊÓƵ to enhance cooperation in the industrial sector and contribute to technology transfer and job creation.