ROSHN, Saudi Arabia’s top real estate developer supported by the Public Investment Fund, is intensifying efforts to localize its supply chain and foster long-term partnerships with domestic suppliers. This initiative aligns with Vision 2030, aiming to strengthen the Kingdom’s housing sector and reduce dependence on imported materials.
At a recent Supply Chain Forum in Riyadh, more than 400 industry participants gathered to discuss strategies for minimizing exposure to global supply chain risks. The event highlighted the ability of Saudi manufacturers to provide essential construction materials, demonstrating the potential to build entire communities using locally produced goods.
ROSHN has introduced long-term procurement plans, offering suppliers visibility for the next 10 to 15 years. According to company data, over 70% of contracts have already been awarded to Saudi businesses, resulting in the creation of more than 200,000 jobs and achieving a 70% Saudisation rate across projects.
These measures underscore ROSHN’s dedication to developing local industry and workforce, supporting the broader goals of national economic transformation.
