Saudi Electricity seeks to localize electricity industries

25/01/2022 Argaam
Headquarters of Saudi Electricity Co.

Headquarters of Saudi Electricity Co.

Saudi Electricity Co. (SEC) is eyeing a number of diversified investment opportunities in the field of power generation, transmission and distribution, with the aim of localizing the electricity industry equipment and its support services.

 

Investors and businessmen can make use of these opportunities in the light of SEC’s competitive offers, of up to 10% based on the local content.

 

This aims at encouraging contractors and manufacturers to boost the contribution of the local content in the electrical industries, SEC said in a statement on the sidelines of the iktva Forum and Exhibition 2022.

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