Saudi Arabia's manufacturing investments exceed SAR 15 bln by Sept.-end

Logo of the Ministry of Industry and Mineral Resources

The Ministry of Industry and Mineral Resources revealed, in a report issued by the National Center for Industrial and Mining Information, that the volume of investments in the Kingdom's manufacturing products industry exceeded SAR 15 billion by the end of September 2021.

These investments constitute 1.13% of the total volume of investments in the industrial sector, said the ministry, noting that the number of factories specialized in manufacturing industries in Saudi Arabia has reached 230.

According to the report, these factories specialized in the manufacturing industries contribute to providing nearly 10,000 jobs in various technical, mechanical and supervisory fields, with national cadres accounting for 27% of those jobs.

The Kingdom's manufacturing industries include a wide range of products, including jewelry, tools and devices for medicine, surgery, dentistry, veterinary medicine and other products, said the report.

The report also indicated that the volume of exports of the manufacturing industries exceeds SAR 436 million.

The key countries receiving the Kingdom's manufacturing industries are the United States, Belgium, Sudan, the UAE, Kuwait, Egypt, and Bahrain. Gold bars and clothing sets, particularly those used for surgeries and toothbrushes, top the list of manufacturing products exported outside the Kingdom, according to the report.