Ministry of Industry licenses 59 new factories worth SAR 532 mln in May

23/06/2021 Argaam Special

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Saudi Arabia licensed 59 new factories worth SAR 532 million in May 2021, recent data issued by Ministry of Industry and Mineral Resources showed.

 

The total number of factories that began actual production reached 33 last month.

 

The total number of existing and under-construction factories hit 10,070 across the Kingdom.

 

The total number of Saudi and expat workers in the industrial sector increased by 4,320 and 2,433, respectively in May.

 

Industrial Indicators for May

New licenses in the industrial sector

59

No. of factories that began actual production

33

Capital of new licensed factories (SAR mln)

532

No. of workers in licensed factories

2079

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

10,070

Change in number of workers in the industrial sector

+6,753

Change in number of Saudi workers in the industrial sector

+4,320

Change in number of expatriate workers in the industrial sector

+2,433

 

Distribution of new licenses by economic activity in May 2021

Activity 

No. of factories 

Food products 

10 

Metal casting products, excluding machinery and equipment  

10 

Furniture  

Plastic & rubber products 

Non-metallic mineral products  

Chemical products

Other manufacturing industries 

Machinery and unclassified equipment 

Base metal products 

Paper and paper products 

Other 

 

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