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Nusaned

In order to achieve SABIC’s localization agenda and local industry development, SABIC is initiating “Nusaned” – its first integrated Localization Engine

Nusaned (نساند), in Arabic, means support. Rightly so, it aims to support investors in areas related:

  • SABIC opportunities available to drive investment and create local demand through
    • procurement spends
    • product conversion to develop downstream industry
    • commercialization of SABIC patents / technologies /applications
  • SABIC support packages to help in commercializing opportunities, including providing raw materials, technical support, etc.
  • Advise and support on financing
  • Local workforce development and training support through sponsorship or advice
  • Strong alignment of Nusaned’s program with different local authorities to ease project development