A total of 124 new factories were licensed in October 2020, with total investments reaching SAR 1.56 billion, recent data issued by Ministry of Industry and Mineral Resources showed.
The total number of existing and under-construction factories hit 9,563 across the Kingdom in October, compared to 9,445 in September 2020.
According to the ministry data, the number of Saudi workers in the industrial sector rose by 2,986 in October, while the number of expat workers declined by 1,594.
|
Industrial Indicators for October 2020 |
|
|
New licenses in the industrial sector |
124 |
|
No. of factories that began actual production |
31 |
|
Capital of new licensed factories (SAR bln) |
1.6 |
|
No. of workers in licensed factories |
4976 |
|
Number of existing and under-construction factories by October-end |
9563 |
|
Number of workers in the industrial sector during the period |
+1392% |
|
Change in number of Saudi workers in the industrial sector during the period |
+2986% |
|
Change in number of expatriate workers in the industrial sector during the period |
(1594) |
|
Distribution of new licenses by economic activity in October 2020 |
|
|
Activity |
No. of factories |
|
Non-metallic mineral products |
1926 |
|
Plastic & rubber products |
1253 |
|
Metal casting products except |
1156 |
|
Food products |
1055 |
|
Chemicals products |
941 |
|
Base metal products |
470 |
|
Paper and paper products |
354 |
|
Furniture |
350 |
|
Electrical equipment |
322 |
|
Unclassified machinery and equipment |
318 |
|
Other sectors |
1418 |
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