The government has added 25 new items to the list of goods requiring a minimum level of local content in public procurement, including elevators, tractors, workwear, and military uniforms. The Ministry of Economy reports that this expansion is part of a broader strategy to boost domestic manufacturing and reduce reliance on imported goods.
This policy change is expected to have significant financial implications, particularly for domestic industries that may benefit from increased government contracts. However, it may also present challenges for companies that rely on imported materials or components. The government has emphasized that the new requirements will help support local businesses and create domestic jobs.