Logo of Leen Alkhir Trading Co.
Leen Alkhair Trading Co. obtained the local content certification from the Local Content and Government Procurement Authority (LCGPA) for the year ended Dec. 31, 2023.
In a statement to Tadawul, the company said it achieved a local content contribution of 20.74%. It noted that the certification is valid until July 31, 2025.
For more news on listed companies
The company highlighted the certification’s benefits, including priority access to government projects, which will expand its operational scope and support its future objectives.
This milestone underscored Leen Alkhair’s commitment to sustainable development, enhancing food security in the Kingdom, and contributing to Vision 2030 goals.
Leen Alkhair affirmed its role in boosting local content in the local economy, a critical metric for company valuation.
It has developed a strategic plan, allocating resources to increase its local content share. This is while also focusing on export growth through trade exhibition participation, backed by support from the relevant authorities.
The company aims to further enhance its local content by recruiting Saudi talents for its operational and administrative teams.
It will also continue investing in research and development, striving to make certifications like the above a foundation for future achievements while ensuring sustainable growth and value creation.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}