Food products account for 8% of total investments in industrial sector June 15, 2021
RIYADH The Ministry of Industry and Mineral Resources said that the volume of investment in the food products sector in the Kingdom amount to approximately SR87 billion, around 8 percent of the total volume of investments in the industrial sector.
The ministry added that food products factories constitute 11 percent of the total number of factories in Saudi Arabia, and contribute to the creation of around 82,000 job opportunities, the Saudi Press Agency reported on Monday.
A report issued by the National Center for Industrial Information showed that the number of food factories in the Kingdom stood at 1,121 in the first quarter of 2021, registering a growth of 61 percent in the number of industrial licenses issued.
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