Logo of Ministry of Investment
The Ministry of Investment issued nearly 3,157 licenses in the first quarter of 2024, a rise of 93% year-on-year (YoY), after excluding the licenses issued under the National Anti-Commercial Concealment Program (Tasattur).
Compared Q4 2023, the number of investment licenses increased 9% from around 2,884.
The total number of new investment licenses reached 3,197 for the same period.
The following table shows the development of investment licenses since the first quarter of 2020:
|
Investment Licenses since 2020* |
|||
|
Period |
Number of Licenses |
Growth Rate |
|
|
Q1 2020 |
351 |
+19% |
|
|
Q2 2020 |
156 |
(46%) |
|
|
Q3 2020 |
307 |
+22% |
|
|
Q4 2020 |
449 |
+55% |
|
|
Q1 2021 |
476 |
+35% |
|
|
Q2 2021 |
528 |
+234% |
|
|
Q3 2021 |
854 |
+178% |
|
|
Q4 2021 |
976 |
+117% |
|
|
Q1 2022 |
1216 |
+156% |
|
|
Q2 2022 |
938 |
+78% |
|
|
Q3 2022 |
930 |
+9% |
|
|
Q4 2022 |
1282 |
+31% |
|
|
Q1 2023 |
1639 |
+35% |
|
|
Q2 2023 |
1819 |
+94% |
|
|
Q3 2023 |
2192 |
+136% |
|
|
Q4 2023 |
2884 |
+125% |
|
|
Q1 2024 |
3157 |
+93% |
|
According to the report, the building and construction activity topped the new investment licenses during Q1 2024, with 864 licenses, followed by manufacturing activity with 620 licenses.
The following table shows the distribution of investment licenses by sector during Q1 2024:
|
New Foreign Investment Projects by Sector in Q1 2024 |
|
|
Sector |
No. of licenses |
|
Construction |
864 |
|
Manufacturing |
620 |
|
Professional, Scientific and Technical Activities |
396 |
|
Information and communication |
263 |
|
Accommodation and Food Service |
221 |
|
Wholesale, and Retail Trade |
218 |
|
Administrative & Support Services |
135 |
|
Transportation & Storage |
105 |
|
Real Estate |
53 |
|
Education |
40 |
|
Water Supply, Sewage Activities and Waste Management |
40 |
|
Agriculture, Forestry & Fishing |
39 |
|
Mining & Quarrying |
35 |
|
Arts, Entertainment & Recreation |
32 |
|
Health and Social Activities |
31 |
|
Other |
27 |
|
Financial & Insurance Services |
21 |
|
Electricity, Gas, Steam and Air Conditioning |
15 |
|
Public Administration and Defense |
2 |
|
Total |
3157 |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}