Ministry of Industry licenses 71 new factories worth SAR 1.6 bln in August

10/09/2020 Argaam


The number of new licenses granted to factories in August, according to the National Classification of Economic Activities in Saudi Arabia, reached 71 with a total capital of SAR 1.6 billion, a recent report by the Ministry of Industry and Mineral Resources revealed.

 

The total number of existing and under-construction factories hit 9,357 across the Kingdom, compared to 9,284 in July 2020.

 

According to the ministry data, the number of Saudi workers in the industrial sector rose by 542 in August, while the number of expat workers declined by 565.

 

Industrial indicators for August 2020

New licenses in industrial sector

71

Capital of new licensed factories (SAR bln)

1.6

Number of workers in licensed factories

2991

Number of existing and under-construction factories by August-end

9357

Number of workers in the industrial sector during the period

(23)

Change in number of Saudi workers in the industrial sector during the period

+542

Change in number of expat workers in the industrial sector during the period

(565)

 

Distribution of new licenses by economic activity in August 2020

Activity

Number of factories

Food products

12

Manufacturing industries

9

Nonmetallic mineral products

8

Base metal products

8

Plastic & rubber products

6

Metal casting products except machinery & equipment

5

Chemicals products

4

Paper & Paper products

4

Clothes

4

Motor vehicles, trailer and semi-trailer vehicles

3

Beverages

3

Furniture

2

Coke and other refined
petroleum products

1

Wood and cork products except furniture and straw

1

Textile

1

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