Saudi Aramco Reaffirms its Commitment to its Flagship Localization Initiative IKTVA

Saudi Aramco Press Release:

H.E. Khalid Al Falih, Minister of Energy, Industry, and Mineral Resources and Chairman of Saudi Aramco, said in a keynote speech: “iktva represents a pioneering and model program, among other major programs which the Saudi Arabian government is working on to expand and diversify the economy, localize strategic industrial and economic sectors, and create jobs, in alignment with Saudi Vision 2030.”  By the end of 2016, IKTVA has been included in over SR60 billion worth of contracts and the IKTVA third party certification baseline for the top 100 suppliers will have been completed. 

The full press release can be read here:

IKTVA – Opportunity Awaits Video:

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