value of projects proposed for competition by establishments in the
“Forsa” platform has exceeded 526 million riyals since the launch of
the platform in August 2016 until now .
According to the Human Resources Development Fund (HADAF) , the number of small and medium-sized enterprises (SMEs) registered in the “Forsa” platform increased to 9,210.
The platform is an electronic service that provides business establishments with the ability to compete for direct purchasing orders offered by government companies and major entities in the private sector.
It is noteworthy that the platform represents a link between the buyer and the supplier, where the buyer is able to submit purchasing requests electronically, and these requests reach many suppliers who are documented from small and medium enterprises throughout the Kingdom, so that these facilities can provide quotations based on the field.
Source: Saudi Press Agency