Saudi Gazette report
RIYADH — Saudi Arabia issued 155 new industrial licenses in Might 2025, whereas 122 factories started precise manufacturing throughout the identical month, in accordance with the most recent month-to-month report by the Nationwide Industrial and Mining Data Heart beneath the Ministry of Business and Mineral Assets.
The report, which tracks key month-to-month indicators within the sector, revealed that the overall funding tied to the brand new licenses exceeded SR3.25 billion.
These upcoming industrial tasks are anticipated to generate 2,450 job alternatives throughout numerous areas of the Kingdom.
In the meantime, the worth of investments in factories that commenced manufacturing in Might reached SR930 million, with 2,329 new jobs created.
The info underscores the continued growth of Saudi Arabia’s industrial base and the accelerating tempo of factories transferring into operational phases.
The Kingdom has rolled out a number of initiatives to spice up the economic sector, notably the Nationwide Industrial Growth and Logistics Program (NIDLP), aimed toward remodeling Saudi Arabia into a worldwide industrial powerhouse and logistics hub by specializing in 4 core sectors: trade, mining, vitality, and logistics.
Saudi Arabia has additionally launched the “Made in Saudi” initiative to encourage each native and worldwide shoppers to purchase domestically produced items and to reinforce consciousness of the prime quality of nationwide merchandise.
Moreover, the federal government is selling industrial funding by providing a spread of incentives and facilitations to each native and overseas buyers, with the aim of accelerating capital inflows and diversifying the economic panorama.