Saudi Arabia:Localization ratio for the operation and maintenance contracts
| Title | Saudi Arabia:Localization ratio for the operation and maintenance contracts |
| Date of conclusion | 20/10/2019 |
| Entry into force | Following the date of its issuance. |
| Text version(s) | English |
| Source | Ministry of Human Resources and Social Development (MHRSD), Ministerial |
| Decision No. 35490 of 2019: Saudi Arabia (20 Oct 2019) | |
| Accessed: 16 May 2023. | |
| Keywords | Saudi Arabia; Laws & Regulations; Policy; Labour |
Abstract
The Ministry of Human Resources and Social Development (MHRSD) has implemented localization percentages for operation and maintenance contracts across all government agencies. These percentages also apply to requests for support. The Clause “First” of this resolution intends to extend its application to companies where the government holds at least 51% of the capital. This decision nullifies any conflicting regulations and will be incorporated into the government endorsements portal and the Expatriate Recruitment Guide.