The <a href="https://mim.gov.The Ministry of Industry and Mineral Resources issued 86 new industrial licenses during April 2024, distributed among a number of industrial activities, topped by the activity of manufacturing fabricated metal products excluding machinery and equipment with 17 licenses, followed by the activity of manufacturing rubber and plastics products, and the activity of manufacturing chemicals and chemical products with 9 licenses each, then the activity of manufacturing food products. rubber and plastics, the manufacture of chemicals and chemical products with 9 licenses for each activity, the manufacture of food products, the manufacture of wood and wood and cork products excluding furniture, and the manufacture of straw and braiding materials with 8 licenses for each activity.
According to the report issued by the Ministry's National Industrial and Mining Information Center, the total number of industrial licenses issued by the Ministry since the beginning of this year until the end of April reached 410 licenses, while the number of existing factories under construction in the Kingdom reached 11,868 factories by the end of the same month, with an investment volume of 1.375 trillion riyals.
The report showed that the volume of wood, wood and cork products, excluding furniture, and the manufacture of straw and nail materials amounted to 1.375 trillion riyals.
The report showed that the volume of investments in new licenses for the month of April amounted to 2,264 billion riyals, and small enterprises by the size of the establishment accounted for most of the new industrial licenses during the same month with 80.231 TP3T, followed by medium enterprises with 13.951 TP3T, while national factories recorded the largest percentage of the total licenses issued by type of investment with 1001 TP3T.
National factories recorded the largest percentage of the total licenses issued by type of investment with 1001 TP3T. <The report showed that the factories that started production during the month of April amounted to 67 factories, with an investment volume of 1,508 billion riyals, led by food products factories with 12 factories, followed by chemicals and chemical products factories with 11 factories, rubber and plastics products factories with 10 factories, base metals factories, fabricated metal products factories excluding machinery, and other non-metallic metal products factories with 5 factories for each category, while national factories accounted for 92% of the total factories that started production.54% by type of investment, followed by joint venture factories with 5.97% and foreign-invested factories with 1.49%. The report indicated that the new industrial licenses were distributed among 10 administrative regions, led by Riyadh region with 36 factories, followed by Makkah region with 22 factories, Eastern region with 17 factories, Medina region with 3 factories, Qassim region and Hail region with 2 factories each, Najran region, Asir region, Jouf region, and Tabuk region with 1 factory each.
The report indicated that the new industrial licenses were distributed among 10 administrative regions.
<It is noteworthy that the Ministry of Industry and Mineral Resources, through the National Center for Industrial and Mining Information, issues on a monthly basis the most important industrial indicators that clarify the nature of the movement of industrial activity in the Kingdom, in addition to revealing the size of the change in the sector in new industrial investments and factories that started production.
