Saudi Arabia had 9,991 factories in operation by the end of Q4 2024, employing around 980,000 workers and attracting more than SAR 966 billion in total investments, according to the Ministry of Industry and Mineral Resources’ (MIM) annual report.
The factories comprised domestic, foreign, and joint ventures, with joint ventures dominating at 94% of total investments, equivalent to SAR 956.6 billion in capital, according to the breakdown provided in the table below.
Saudi Arabia had 9,991 factories in operation by the end of Q4 2024, employing around 980,000 workers and attracting more than SAR 966 billion in total investments, according to the Ministry of Industry and Mineral Resources’ (MIM) annual report.
The factories comprised domestic, foreign, and joint ventures, with joint ventures dominating at 94% of total investments, equivalent to SAR 956.6 billion in capital, according to the breakdown provided in the table below.