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
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