Licenses for 102 new factories with investments exceeding SR15 billion issued April 24, 2021
The Ministry of Industry and Mineral Resources revealed, through the Industrial Indicators Report, that 102 new industrial licenses were issued in last March 2021, with a capital of SR15.23 billion.
RIYADH The Ministry of Industry and Mineral Resources revealed, through the Industrial Indicators Report, that 102 new industrial licenses were issued in last March 2021, with a capital of SR15.23 billion, with an annual growth rate of 55% compared to the same month of 2020.
Issued by the National Center for Industrial Information, the report also indicated that nearly 39 factories began production last month, with a growth rate of 26% compared to the previous month, while the volume of investment in new factories that started production witnessed a growth of 681%, compared to the previous month.
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