Saudi investments in food production industry stand at SAR 110 bln

03/06/2023 Argaam

Logo of Ministry of Industry and Mineral Resources

Investment in Saudi Arabia’s food production industry exceeded SAR 110 billion, accounting for 7.6% of total in the industrial sector, Al-Eqtisadiah daily reported, citing the Ministry of Industry and Mineral Resources.

 

Food product factories provide around 156,000 jobs.

 

The industrial sector has distinguished abilities in many activities, especially food production mainly dairy, poultry, oils, dates, bakeries, etc. The sector has strong potentials that largely expanded the reach of these products across the Kingdom and contributed to their export to regional and foreign markets.  

 

The ministry gives a special importance to the food industry, given its significant growth year to date, the ministry added.

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