The kingdom of Saudi Arabia is attending participating at a defense show in London in a move to attract international clients to its nascent military industries, Zawya reports.
The General Authority of Military Industries (GAMI), the kingdom’s defense regulator is present at the biennial event and will promote investment opportunities and explore long-term partnerships with international companies.
“We are open to forming strategic partnerships that will help the military industries sector’s development and growth,” Ahmad Abdulaziz Al-Ohali, governor of GAMI, said.
He also added that, GAMI is keen in “enhancing domestic capabilities and fostering collaboration between local and foreign suppliers”. GAMI created the Military Industry Marketplace, which is open to local and international companies who wish to pursue investments or partnerships, Zawya notes.
74 investment opportunities have been identified by the regulator across six areas of the military industries sector. Defense and Security Equipment International (DSEI) will take place in London from on Sept. 14 to 17.
Saudi Arabia seeks international clients for domestic military industries
