It enhances opportunities for competition and awarding contracts.
It raises the rating and credibility
What is a local content service?
Who do you provide the service to?
Companies dealing with government agencies
Factories and industrial companies
Contracting companies
Services
Strengthening the national economy
Increased opportunities for competition
Supply chain improvement
Supporting Sustainable Development
Working mechanism
Study of the establishment's activity and targeted contracts
Understanding the nature of the business, priority contracts or projects, and the specific local content requirements of each entity.
Data and document collection
Compile data on purchases, supplies, wages, contracts and services, distinguishing between local and non-local items.
Applying the measurement methodology
Use a clear and transparent calculation model for the local content ratio according to the agreed terms and classifications.
Preparing reports and approving results
Issuing a detailed report showing the overall and partial local content ratios, with the possibility of issuing a certificate or letter that endorses the results.
Local Content Improvement Plan
Submitting practical proposals to raise the percentages in the future, such as replacing certain supply items or promoting local employment in specific areas.
Periodic review (optional)
Agreement on periodic review cycles to update data and ratios in accordance with changes in contracts or internal policies.