The Ministry of Industry and Mineral Resources has released its latest April 2023 Monthly Bulletin of Industry and Mining, aimed at providing key insights into the Kingdom's industrial and mining sectors. The bulletin is published monthly and covers the latest developments, trends, and investments in these sectors, proving a vital tool for investors.

The bulletin issued by the National Industrial and Mining Information Center indicated that during the period from January to April 2023, 385 new industrial licenses were issued with investments amounting to 14 billion riyals, while 314 factories started production with investments exceeding 8.105 billion riyals, enabling the sector to create more than 29,000 job opportunities, 15,000 of these jobs being for Saudis, indicating a total workforce of 726,750 workers by the end of April.

In addition, the total number of factories in the Kingdom at the end of last April reached 10,873 factories, with investments amounting to 1.4 trillion riyals.

Source: Saudi Press Agency