![]() ![]() Only prequalified companies are invited to submit bids. NUPCO’s aim is to provide a robust catalog or clearinghouse of inventory from which the public healthcare providers can choose. Tenders are often only announced for a short period, making the need for exporters to have a strong local connection even more vital. To build its inventory of products and services for public healthcare providers, NUPCO collects requirements from all government agencies in the healthcare sector and then issues tenders to meet those demands. NUPCO is responsible for the centralized procurement of pharmaceutical and medical supplies and the administration of the supply chain and logistics for all public healthcare providers. While Saudi Arabia is pursuing privatization initiatives, currently government spending accounts for over 60 percent of the country’s healthcare expenditure. exporters are not required to appoint a local Saudi agent or distributor to sell to Saudi companies, it is strongly recommended that companies consider partnering with a local company for the purposes of monitoring business opportunities, navigating import and standard testing regulations, and identifying public sector sales and contract opportunities. National Center for Privatization (NCP): NCP is responsible for enabling the privatization of certain government assets and services across industry sectors.ĭoing Business in the Saudi Healthcare SectorĪlthough U.S.Cooperative Council of Health Insurance (CCHI): This entity is an independent government body charged with regulating Saudi Arabia’s health insurance sector.Saudi Food and Drug Authority (SFDA): SFDA monitors and controls imports and distribution of medical devices, pharmaceuticals, and food products.National Unified Company for Medical Supplies (NUPCO): NUPCO is responsible for centralized government procurement of pharmaceuticals, medical equipment and supplies for the benefit of all public healthcare facilities.The Ministry of Health (MoH): The Ministry is the regulator for all healthcare related activities and services within the country.The Saudi Arabian Government is targeting the healthcare sector for privatization. In 2022, it will spend $36.8 billion on healthcare and social development – 14.4 percent of its 2022 budget and the third largest line item after education and military. Saudi Arabia accounts for 60 percent of the Gulf Cooperation Council (GCC) countries’ healthcare expenditure, and the sector remains a top priority for the Saudi Arabian Government. Economic Development Organizations (EDO). ![]() Foreign Direct Investment Attraction Events.Facing a Foreign Trade AD/CVD or Safeguard Investigation?. ![]()
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