Saudi Arabia has introduced a new initiative to boost its industrial sector by waiving customs duties on raw materials used in experimental production. This move is part of the country’s broader efforts to diversify and strengthen its economy.
The Ministry of Industry and Mineral Resources has rolled out a customs exemption service for experimental production through the Senaei platform. This service is designed to support licensed industrial facilities during their construction phase.
This initiative allows for customs duty exemptions on raw materials within specific limits, which enhances the competitiveness of the industrial sector. It underscores the ministry’s commitment to providing support and incentives to industrial investors at various project stages.
To apply for the exemption, follow these steps:
- Log in to the Senaei platform using your facility’s account.
- Submit your application through the designated icon.
- Wait for the exemption decision.
The ministry encourages interested parties to utilize this service via the Senaei platform, which offers a variety of electronic services to support industrial facilities.