Productive factories rise to 10,819 in Q1; foreign investment at SAR 71.3 bln

Production line in a factory

The number of factories in Saudi Arabia reached 10,819 by the end of the first quarter of 2023, with an estimated capital of SAR 1.43 trillion, according to a bulletin issued by the National Industrial and Mining Information Center of the Ministry of Industry and Mineral Resources.

 

According to the industrial sector indicators during Q1 2023, the number of employees in Saudi factories reached 725,560.

 

Existing Factories in Q1 2023

Item

Q1 2023

Q1 2022

Change

Change %

Existing Factories

10,819

10,518

301

+2.9%

Actual number of workers (‘000)

725.56

697.37

28.20

+4.0%

Investment size (SAR bln)

1,433

1,429

4.01

+0.3%
 

The number of national factories stood at 9,030, with an investment size of SAR 896.25 billion. Meanwhile, the number of foreign factories reached about 920 with an investment size of SAR 71.28 billion.

 

Factories by Investment Type

Investment Type

Number of Factories

Workers (‘000)

Investment size

(SAR bln)

National

9,030

563.55

896.25

Joint ownership

869

104.80

465.46

Foreign

920

57.21

71.28

 

 

Large factories accounted for SAR 953.9 billion of the total investments, while the volume of investment in small factories reached SAR 99.41 billion.

 

Factories by Size

Size

Number of factories

Workers (‘000)

Investment size

(SAR bln)

Medium

4,341

303.14

379.71

Large

824

291.27

953.88

Small

5,654

131.15

99.41
 

Manufacturing of chemicals and chemical products topped the activities in terms of investment volume with a value of SAR 471.19 billion.

 

 Largest Existing Factories by Industrial Activity in Terms of Investment Volume

Activity

Number of factories

Workers (‘000)

Investment size

(SAR bln)

Chemical products

1050

66.51

471.19

Other nonmetals

1967

136.7

333.94

Base metals

529

51.32

106.11

Food

1379

110.5

96.59

Oil & Coke

112

9.23

87.55

Rubber & Plastics

1344

67.66

78.26

Formed metals

1275

70.68

40.99

Machinery & Equipment

382

22.70

27.38

Beverages

303

33.42

24.87
 

The Eastern Province topped the Kingdom's regions in terms of the volume of industrial investment, with a value of SAR 603.42 billion, or 42.1% of the total investment. Riyadh came second with a value of SAR 315.5 billion.

 

Existing Factories by Region

Region

Number of factories

Workers (‘000)

Investment size

(SAR bln)

Eastern Province

2476

183.19

603.42

Riyadh

4194

267.83

315.50

Makkah

2068

152.79

208.67

Al Madinah

479

31.98

115.78

Northern Borders

48

2.29

74.19

Jazan

188

8.83

71.74

Qassim

500

34.50

12.37

Aseer

390

20.60

9.74

Hail

143

7.71

8.03

Najran

88

5.9

4.47

Tabuk

107

5.17

4.36

Al Jouf

88

3.13

4.34

Al Baha

50

1.61

0.38

 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request