A delegation from the Gulf Organization for Industrial Consulting (GOIC) recently visited Saudi Aramco in Dhahran, Saudi Arabia, to discuss means to support industrial development and localise products and energy services.

The delegation headed by GOIC’s secretary general Abdulaziz Bin Hamad Al Ageel held a coordination meeting with Aramco’s senior vice president of technical services Ahmad Al Saadi, and as well as managers from industrial development, strategic supply and project management at the company, said a statement from the company.

The participants discussed means to further foster cooperation between Saudi Aramco and the GOIC to support Saudi industrial development. They also tackled issues of localisation of industrial products and services, with an emphasis in the field of energy projects, it added.

The objective of the cooperation between GOIC and Saudi Aramco is to attract investors, encourage the private sector, and provide trained and qualified local talent capable of increasing Saudi’s local content capacity to meet the energy company’s in-kingdom total value add (iktva) target of 70 per cent localisation of total goods and services investment by 2021.

Al Saadi stressed the importance of cooperation between Saudi Aramco, and national and regional organizations in support of industrial development to guarantee a conducive business environment.

He said: “Saudi Aramco seeks to create several additional training centres to cover all industrial needs by 2030, which will be capable of promoting human resources development in the kingdom and throughout the Gulf.”

Al Ageel, said that the organisation is highly interested in cooperating with Saudi Aramco in several fields, particularly under iktva, a programme initiated by Saudi Aramco to stimulate the growth of industries and drive Saudi Vision 2030.

He added that the iktva programme’s success in supporting service providers’ programmes and plans to develop, train and increase the number of national cadres will strongly motivate many major industrial companies in the region to launch similar programmes.

Al Ageel concluded that the organisation would seek to form a Gulf network to exchange expertise and programmes between Gulf companies that are interested in increasing added value by further localizing industries and boosting local content. – TradeArabia News Service