Alkhorayef stated that the growth in industrial facilities contributed to a record high in non-oil exports in 2024, reaching SAR 515 billion
The number of industrial establishments in Saudi Arabia increased by more than 65% since the launch of Vision 2030, from 7,200 factories in 2016 to more than 12,000 industrial facilities in 2025, with investments exceeding SAR 1.2 trillion, Minister of Industry and Mineral Resources Bander Alkhorayef, stated. 
In his opening remarks at the Industrial Transformation Saudi Arabia 2025, the minister noted that this growth contributed to a record high in non-oil exports in 2024, reaching SAR 515 billion, up 13% year-on-year (YoY) and more than 113% since the launch of Vision 2030.
He added that these indicators reflect the diversification of the national economy and underscore the competitiveness of Saudi industrial products.
Alkhorayef further highlighted the launch of the Advanced Manufacturing and Production Center (AMPC), which serves as an umbrella for all programs and initiatives enabling industrial transformation in the Kingdom. One of these programs is the Future Factories Program Initiative, designed to accelerate the adoption of advanced technologies, embed operational excellence, and boost productivity across national industries. The program targets more than 4,000 factories to transition into smart facilities supported by automation and modern technologies.
Alkhorayef stated that the growth in industrial facilities contributed to a record high in non-oil exports in 2024, reaching SAR 515 billion
The number of industrial establishments in Saudi Arabia increased by more than 65% since the launch of Vision 2030, from 7,200 factories in 2016 to more than 12,000 industrial facilities in 2025, with investments exceeding SAR 1.2 trillion, Minister of Industry and Mineral Resources Bander Alkhorayef, stated.
In his opening remarks at the Industrial Transformation Saudi Arabia 2025, the minister noted that this growth contributed to a record high in non-oil exports in 2024, reaching SAR 515 billion, up 13% year-on-year (YoY) and more than 113% since the launch of Vision 2030.
He added that these indicators reflect the diversification of the national economy and underscore the competitiveness of Saudi industrial products.
Alkhorayef further highlighted the launch of the Advanced Manufacturing and Production Center (AMPC), which serves as an umbrella for all programs and initiatives enabling industrial transformation in the Kingdom. One of these programs is the Future Factories Program Initiative, designed to accelerate the adoption of advanced technologies, embed operational excellence, and boost productivity across national industries. The program targets more than 4,000 factories to transition into smart facilities supported by automation and modern technologies.
