Al-Dawaa signs agreement with global firms to localize medical devices industry

Logo of Al-Dawaa Medical Services Co.

Al-Dawaa Medical Services Co. (DMSCO) signed a joint agreement with a number of leading international companies to localize the medical devices industry and transfer medical technology to Saudi Arabia.

The agreement was signed by the company's CEO, Mohamed Saad Butti Al-Farraj, with three companies from Finland, Spain and China, in the field of medical manufacturing, technical solutions and healthcare. The three companies will manufacture medical devices at the company’s factory in Sudair City for Industry and Business, Saudi Press Agency reported.

The agreement comes in support of “Made in Saudi Arabia” initiative that was launched by the Saudi Export Development Authority (SEDA) and the National Industrial Development and Logistics Program (NIDLP) to boost the attractiveness of investment in the industrial sector and develop the aspect of knowledge exchange between national companies with their counterparts locally and globally.

This was done within the Saudi Industry pavilion, participating in the Arab Health Exhibition 2022, in Dubai, the UAE.