Logo of Ministry of Investment
The Ministry of Investment issued nearly 3,810 licenses in Q3 2024, a rise of about 74% year-on-year (YoY), after excluding the licenses issued under the National Anti-Commercial Concealment Program (Tasattur).
Compared to Q2 2024, the number of investment licenses increased 40% from around 2,730.
The following table shows the development of investment licenses since the first quarter of 2020:
|
Investment Licenses since 2020*** |
||
|
Period |
Number of Licenses* |
Growth Rate |
|
Q1 2020 |
351 |
+19% |
|
Q2 |
156 |
(46%) |
|
Q3 |
307 |
+22% |
|
Q4 |
449 |
+55% |
|
Q1 2021 |
476 |
+35% |
|
Q2 |
528 |
+234% |
|
Q3 |
854 |
+178% |
|
Q4 |
976 |
+117% |
|
Q1 2022 |
1216 |
+155% |
|
Q2 |
935 |
+77% |
|
Q3 |
929 |
+9% |
|
Q4 |
1282 |
+31% |
|
Q1 2023 |
1636 |
+35% |
|
Q2 |
1824 |
+95% |
|
Q3 |
2193 |
+136% |
|
Q4 |
2887 |
+125% |
|
Q1 2024 |
3166 |
+91% |
|
Q2 |
2730 |
+50% |
|
Q3 |
3810 |
+74% |
*Data is periodically updated
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