Our ambitions and dreams go further towards growing Local Content in the ICT sector and contributing to the development of national capabilities.
The Kingdom is witnessing a series of important transformations in its pursuit to sustain and continuously improve the quality of life for all citizens. As a leading national company today, stc is responsible for playing a vital role in shaping the future and achieving it’s desired sustainable development goals.
Vision 2030 set ambitious goals for the Kingdom of Saudi Arabia to bring about a qualitative leap in the Saudi economy, including increasing gross domestic product (GDP), increasing non-oil private sector participation and reducing unemployment. Increasing Local Content is one of the main pillars for achieving these goals.
The total expenditure in the Kingdom of Saudi Arabia through the participation of various Saudi elements from labor, goods, and services, to assets and technology.
Local components that are used to produce goods or services.
Sources and components of goods for developing production chains.
Labor used in manufacturing products or providing services.
Research, development and training of Saudi workforce.
stc has been committed, since its inception, to developing key sectors in the Kingdom in addition to the long-term Local Content development that it undertakes. As Local Content is an essential part of stc's strategy for the year 2017, stc launched the Rawafed Program in 2018
Rawafed's vision is to champion Local Content to build, develop and grow the ICT sector within KSA by increasing its overall contribution to the Kingdom’s GDP.
stc is committed to leading and developing local content in the ICT sector in the Kingdom of Saudi Arabia by increasing our contribution to the development of the local content, where rawafed from stc is the main means to achieve this ambitious goal through its strategic themes.
The Rawafed Program strategy is built on four main pillars that can be summarized as below:
Grow direct and indirect spending with SMEs through SME development plans.
Establish direct partnerships with SMEs
Support localizing manufacturing & create new industries within KSA.
Attract Suppliers to localize supply chain and operations.
Develop local innovation plans with strategic Suppliers.
Foster innovation through sector focused training and learning.
Increase Saudization rate at key positions.
Empower Women participation in ICT sector.
Drive Suppliers to increase Saudization through targets and KPIs.
Through its operating model, Rawafed program presents a sustainable institutional work that focuses on the continuity of the creation and development of Local Content in stc.
Discover: Identify & prioritize Local Content opportunities based on strategic pillars and define Local Content targets
Deliver: Execute Local Content targets, monitor performance and submit periodic reports
Digest: Show Local Content growth and improve performance continually
stc has made significant commitments towards developing local content and contributing to increasing the GDP in the Kingdom of Saudi Arabia. Here are the highlights of the journey:
