16 Shawwal 1445 - 25 April 2024
    
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Eye of Riyadh
Business & Money | Friday 3 November, 2023 6:49 am |
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Industry Ministry issues 174 industrial licenses worth SAR 5.3 bln in September

The Ministry of Industry and Mineral Resources announced issuing 174 new industrial licenses in September, at a total value of SAR 5.3 billion.

 

 

 

A total of 82 factories started actual production in September, with total investments of SAR 1.9 billion, the ministry said in a statement.

 

 

 

It added that the total number of existing factories by the end of September reached 11,273. The number of employees amounted to 7,139, of whom 1,599 are Saudis.

 

 

 

Key Industrial Indicators in August

 

New industrial licenses

174

 

Total investment in new factories (SAR bln)

5.3

 

Licensed workforce in new factories

4,815

 

Number of factories that started actual production

82

 

Total investment in factories that started actual production (SAR bln)

1.9

 

New jobs in factories that began actual production

2,828

 

 

 

 

 


 

 

Source : Argaam 

 

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