This Local Value Creation series provides a framework to use to design and manage localisation programmes aimed at driving economic growth and building local capabilities.
Moving beyond traditional policies, this approach allows GCC countries to broaden their localisation efforts across multiple sectors, fostering long-term value creation while supporting a diversified supply base.
In the first part, the series outlined how the government, semi-government and private sectors can define their localisation vision to align with broader national strategies, such as Saudi Vision 2030 and Oman Vision 2040. The second part shifted focus to integrating localisation objectives into procurement and enhancing supply chain resilience. By embedding well-designed localisation policies into procurement processes, government, semi-government and private sectors can foster local supplier development, upskill the workforce, promote innovation, and strengthen their economies to mitigate supply chain risks and achieve sustainability.
In the third of this five-part series, we focus on capacity development and its critical role in driving the success of localisation programmes. We also examine initiatives, both governmental and non-governmental, aimed at enhancing local workforce and supplier capabilities.
This paper explores the:
01
Capacity development
02
Local workforce development
03
Local supplier development
04
Future focus
