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Saudi Arabia licenses 109 new factories worth $667m in March

The total number of factories that began actual production in Saudi Arabia reached 261 in March, with investments reaching $1.6 billion. (SPA file photo)
By TRENDS Desk
April 23, 2022 11:32 am
  • With the new licenses, the total number of factories across the country is now 10,489
  • Meanwhile, the total number of workers in these licensed factories stands at 3,497

Data issued by Saudi Arabia’s Ministry of Industry and Mineral Resources has showed that the country issued licenses to 109 new factories worth over SAR2.5 billion ($666.67 million) in March.

The total number of workers in these licensed factories reached 3,497, local reports have said.

Meanwhile, with the new licenses, the total number of factories across the country stood at 10,489.

The total number of factories that began actual production reached 261 in March, with investments reaching SAR6 billion ($1.6 billion).

The total number of workers in these factories reached 11,478, according to the official data.

The total number of workers that joined the industrial sector in March reached 10,345.

They included 4,131 residents of Saudi Arabia.

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