Ministry of Industry licenses 92 new factories worth SAR 4 bln in August

29/09/2021 Argaam

Logo of the Ministry of Industry and Mineral Resources


Saudi Arabia licensed 92 new factories worth SAR 4 billion in August 2021, recent data issued by Ministry of Industry and Mineral Resources showed.

 

The total number of factories that launched actual operations stood at 97.

 

The total number of existing and under-construction factories in the Kingdom reached around 10,159.

 

The total number of Saudi workforce in the industrial sector increased by 2,999 workers, while the number of expats rose by nearly 4,623 workers.

 

Key Industrial Indicators for August 

New licenses in industrial sector

92

No. of factories that began production

97

Capital of new licensed factories (SAR bln)

4

No. of workers in licensed factories

2,602

No. of existing, under-construction factories by August-end

10,159

Change in number of workers

+7,622

Change in number of Saudi workers

+2,999

Change in number of expatriate workers

+4,623

 

The ministry issued nearly 50 mining licenses in August, including 35 quarry licenses, 11 minerals detection licenses, and four exploration licenses, totaling 1,813 licenses during this period.

 

Key Mining Indicators for August 2021

New Licenses

50

Total Mining Licenses

1813

Quarry Licenses

35

Detection Licenses

11

Exploration Licenses

4

 

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