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About Us

In January 2017, SABIC set up Local Content Business Development Unit (LCBDU) as a separate function to :

  • coordinate
    Coordinate and act as an interface for all SABIC’s localization and industry stimulation efforts across its businesses/functions in Saudi Arabia
  • enable
    Enable key elements of KSA Vision 2030
  • build
    Build partnerships and co-ordinate with government agencies, regulatory bodies, financing agencies, training institutes etc. with regard to KSA Vision 2030 realization agenda
  • develop
    Develop programs to enable large scale localization of industry
  • promote
    Promote SABIC and KSA to attract global companies including OEMs to invest in KSA
  • enable
    Enable local private sector and SME growth and development in Saudi Arabia
  • Leverage SABIC’s patents/technology /applications to drive product commercialization in Saudi Arabia
  • Build workforce capabilities using SABIC’s existing network of institutes and training facilities or by developing partnerships with other institutes as needed
  • Propagate knowledge sharing of SABIC’s world class practices and experience with other companies in Saudi Arabia
  • Identify and enable opportunities in line with KSA local Content and Vision 2030 objectives

AFTER WE DECIDED TO GO OUT OF NORTH AMERICA, WE FOUND THAT SAUDI ARABIA WAS THE PROPER PLACE TO INVEST
Floros Flourus
SABIC Supplier