Saudi Arabia to take part in Defence and Security ‘EUROSATORY 2024’
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RIYADH: Saudi Arabia is set to participate first time in the Global event of Defence and Security ‘Eurosatory 2024’ in Paris on June 17 – 21 to be held in Paris, the capital of France.
The General Authority for Military Industries (GAMI) is working closely with government and private entities to organize Saudi Arabia’s participation in the event.
The Saudi pavilion will include participants from the Ministry of Investment, the General Authority for Defense Development and other national institutions specializing in military industries.
The Kingdom’s participation in Eurosatory aims to boost its position in international forums and focus on welcoming investors worldwide to the military industries sector.
Saudi Arabia’s efforts to develop research and innovation in the military industries will be highlighted at the event.
This participation aims to boost the Kingdom’s position in international forums and showcase the favorable investment climate, with a special focus on welcoming investors worldwide to the military industries sector in Saudi Arabia.
It also highlights the efforts to develop research and innovation in the military industries, as well as the national priorities that GAMI gives to the sector. It also aims to enhance supply chains and investment opportunities, introduce the main Saudi products in the military industries sector, and emphasize the importance of joint efforts to achieve the military industries sector’s strategy.
The Saudi Pavilion’s participation in ‘EUROSATORY 2024’ shows the strong support the military industries sector in Saudi Arabia receives from its visionary leadership. The goal is to enhance the Kingdom’s strategic independence, develop national military industries capabilities, and localize this sector by over 50% by 2030.
This will boost the Saudi economy by promoting research, innovation, technology transfer, and job opportunities for young Saudis. It will also strengthen the military industries sector’s role.
The GAMI was established in 2017 by a decision of the Saudi Cabinet on August 15, 2017. Its role is to regulate, monitor, empower, and license the military and security industries sector in the Kingdom.
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