Riyadh, The Ministry of Industry and Mineral Resources has published the first issue of the “monthly bulletin for industry and mining” for November, 2021, which sheds light on the top indicators of the industrial and mining activities in the Kingdom of Saudi Arabia, and highlights the top figures, information and statistics on the two sectors, in addition to the most important services that the ministry provides to highlight investment opportunities offered by the two sectors.
The bulletin, issued by the National Center for Industrial and Mining Information, revealed the change in the total investment volume for the industrial sector that stood at SAR 1.336 trillion after adding SAR 78.5 billion as new investments between the beginning of 2021 and the end of November 2021. The bulletin also sheds light on the investment indicator of factories that embarked on production between January and November 2021 with SAR 72.5 billion, in addition to the number of new licenses issued in the first 11 months of 2021, which totaled 873 licenses, where the same period also marked the start of production at 731 new factories.
The bulletin also referred to November indicators, which included issuing 68 industrial licenses and the start of production at 64 factories, in addition to the investment volume of the newly operating factories that stood at SAR 1.6 billion, where the investment volume of new factories totaled SAR 735 million in November. The bulletin also included a list on the biggest industrial activities in terms of the number of new licenses, the factories that started production and the number of factories according to the industrial activity and the licenses ratio for each of the small, medium and big enterprises and the investment type (local or foreign).
The bulletin also included details on the mining indicators, such as the number of valid licenses in the sector, which stood at 1,913 licenses, including 540 licenses that were issued this year.
The ministry, through the monthly bulletin for industry and mining, aims to affirm the diversity of opportunities offered by the industrial and mining sectors in the Kingdom of Saudi Arabia in order to achieve the goals of the National Industrial Development and Logistics Program (NIDLP), one of the Kingdom’s Vision 2030 programs. NIDLP aims to transform the Kingdom into a leading industrial powerhouse and a global logistics hub and make mining the third pillar of the Saudi industry.
Source: Saudi Press Agency
