The Ministry of Industry and Mineral Resources issued 179 new industrial licenses in July, while 133 new factories began production during the same month, data from the National Industrial and Mining Information Center (NIIC) showed.
 
Investments linked to these new licenses amounted to more than SAR 6.6 billion, with the related projects expected to create over 5,561 job opportunities across the Kingdom.
 
Investments in the factories that started production in July totaled SAR 2.3 billion with 4,652 new jobs created.
 
The existing factories in the Kingdom reached 12,500 in July, compared with 12,400 in June.
 

Key Industrial Indicators in July

New Industrial Licenses (Factories)

179

New License Investments (SAR mln)

6.6

Expected Jobs from New Industrial Licenses

5561

Factories that Started Production

133

Investments in Factories that Started Production (SAR bln)

2.3

Job Opportunities in Factories that Started Production

4,652

Total Existing Industrial Establishments

12,519
 

In the previous month, the ministry issued 83 industrial licenses in June, with 58 new factories beginning production.

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