Logo of The Ministry of Investment
The Ministry of Investment issued nearly 2,728 licenses in Q2 2024, a rise of about 50% year-on-year (YoY), after excluding the licenses issued under the National Anti-Commercial Concealment Program (Tasattur).
Compared to Q1 2024, the number of investment licenses decreased 13% from around 3,157.
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 |
156 |
(46%) |
|
Q3 |
307 |
+22% |
|
Q4 |
449 |
+55% |
|
Q1 2021 |
476 |
+35% |
|
Q2 |
528 |
+234% |
|
Q3 |
854 |
+178% |
|
Q4 |
976 |
+117% |
|
Q1 2022 |
1216 |
+156% |
|
Q2** |
935 |
+78% |
|
Q3** |
929 |
+9% |
|
Q4** |
1282 |
+31% |
|
Q1 2023** |
1637 |
+35% |
|
Q2** |
1824 |
+94% |
|
Q3** |
2194 |
+136% |
|
Q4 |
2884 |
+125% |
|
Q1 2024 |
3157 |
+93% |
|
Q2 |
2728 |
+50% |
*The data does not include licenses issued under the campaign to rectify the status of violators of Tasattur.
*Updated data
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