The <a style="color: #993300;" href="https://mim.gov.The Ministry of Industry and Mineral Resources issued 79 new industrial licenses during December 2022, distributed among six industrial activities, led by the activity of manufacturing fabricated metals excluding machinery and equipment with 13 licenses, followed by the activity of manufacturing food products food with 11 licenses, furniture manufacturing with 9 licenses, other non-metallic metal products manufacturing with 8 licenses, chemicals and chemical products manufacturing, and rubber and plastics products manufacturing with 7 licenses for each category.
According to the report issued by the Ministry's National Center for Industrial and Mining Information, the total number of industrial licenses issued by the Ministry since the beginning of 2022 until the end of December 2022 amounted to 964 licenses, while the number of existing factories in the Kingdom reached 10,518 factories, with an investment volume of 1.43 trillion riyals."
The report indicated that the volume of factories in the Kingdom, as of the end of the same month, amounted to 10,518 factories, with an investment volume of 1.43 trillion riyals. <The report showed that the volume of investments in <a style="color: #993300;" href="https://amlak.net. for the month of December amounted to 2.336 billion riyals, while small enterprises accounted for most of the new industrial licenses during the same month with 83,54%, followed by medium enterprises with 12,66%, then micro enterprises with 3.80%, while national factories recorded the largest percentage of the total licenses issued by type of investment with 75,95%, then foreign enterprises with 16,46%, and co-investment enterprises with 7,59%.
The report of the National Center for Industrial and Mining Information showed that the factories that started production during last December amounted to 34 factories, with an investment volume of 390 million riyals, led by factories
Food factories
Food with 9 factories, followed by non-metallic minerals factories with 5 factories, rubber and plastics factories with 4 factories, paper factories, and formed metal factories with 3 factories for each category, while national factories accounted for 85% of the total factories that started production,29%, followed by foreign factories with 8,82%, then joint factories with 5,88%.
<The report revealed that the new industrial licenses were distributed across 11 administrative regions, led by the Riyadh region with 30 licenses, followed by the Eastern Province with 17 licenses, and the Makkah region with 11 licenses. <Qassim region with 5 licenses, Medina and Najran regions with 4 licenses each, Asir region with 3 licenses, Al Jouf region with 2 licenses, Tabuk region and Hail region with 1 license each. <It is noteworthy that Ministry of Industry and Mineral Resources, through the National Center for Industrial and Mining Information, issues monthly the most important industrial indicators that show the nature of the industrial activity movement in
In addition to revealing the magnitude of change in the sector in terms of new industrial investments, as well as the volume of jobs provided by the sector.
