Saudi Arabia’s Military Industries Company (MIC), in collaboration with the Ministry of Industry and Mineral Resources (MIM) and the National Center for Privatization (NCP), announced the launch of the Expression of Interest (EOI) and Request for Qualification (RFQ) phase for the privatization of the Military Uniform and Accessories Factory (MUAF) in Riyadh and Al Kharj.
The privatization will be executed through a purchase agreement, transferring full ownership of MUAF from MIC to the private sector, the Saudi Press Agency (SPA) reported.
The transfer of ownership will ensure compliance with military industry regulations and licensing requirements set by the General Authority for Military Industries (GAMI). It will also sustain and enhance production capacity for military and non-military uniforms and accessories while enabling the development of new business opportunities, including entry into business-to-business (B2B) markets and export growth. In addition, the process will support a smooth transition of operations, workforce, and supply-chain management under private ownership.
The step highlights the Kingdom’s commitment to building a competitive, sustainable, and innovative defense industry ecosystem while strengthening the overall industrial base. It also creates new opportunities for private-sector participation across strategic sectors in line with the objectives of Saudi Vision 2030.
Military Industries Corporation (MIC or SAMIC) is a state-owned enterprise in Saudi Arabia founded in 1953. MIC became a subsidiary of Saudi Arabian Military Industries (SAMI) in 2017 following the latter’s founding. Based in Riyadh, the MIC manufactures armaments and develops Saudi Arabia’s military arsenal through technology transfer and research and development.
The Military Industries Corporation meets the needs of Armed Forces in all sectors by providing live ammunition, equipment, weapons, spares, and constructing an integrated industrial base for the military industries in the Kingdom.