‎Industry Ministry issues 83 new licenses in June

‎Industry Ministry issues 83 new licenses in June ‎Industry Ministry issues 83 new licenses in June

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Logo ofThe Ministry of Industry and Mineral Resources

The Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, while 58 new factories began production during the same month, according to the National Industrial and Mining Information Center (NIIC).

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The ministry said in a statement today, July 28 that investments linked to these new licenses amounted to more than SAR 950 million, with the related projects expected to create over 1,188 job opportunities across the Kingdom.

The ongoing factories in the Kingdom reached 12,480 in June, a rise of 11% compared with 11,249 a year earlier and 12,382 in May.

Key Industrial Indicators in June

New Industrial Licenses (Factories)

83

Investment Volume of New Licenses (SAR mln)

950

Expected Jobs from New Industrial Licenses

1,188

Factories that Started Production

58

Investments in Factories that Started Production (SAR bln)

1.93

Job Opportunities in Factories that Started Production

2007

Total Existing Industrial Establishments

12,480

 

Logo ofThe Ministry of Industry and Mineral Resources

The Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, while 58 new factories began production during the same month, according to the National Industrial and Mining Information Center (NIIC).

The ministry said in a statement today, July 28 that investments linked to these new licenses amounted to more than SAR 950 million, with the related projects expected to create over 1,188 job opportunities across the Kingdom.

The ongoing factories in the Kingdom reached 12,480 in June, a rise of 11% compared with 11,249 a year earlier and 12,382 in May.

Key Industrial Indicators in June

New Industrial Licenses (Factories)

83

Investment Volume of New Licenses (SAR mln)

950

Expected Jobs from New Industrial Licenses

1,188

Factories that Started Production

58

Investments in Factories that Started Production (SAR bln)

1.93

Job Opportunities in Factories that Started Production

2007

Total Existing Industrial Establishments

12,480

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