Investment in Saudi production market exceeds $ 4 billion

(MENAFN) According to SPA, citing the Ministry of Industry and Mines, Saudi Arabia’s manufacturing investment capacity topped SR 15 billion ($ 4 billion) by the end of September last year. Bandar Al Khorayef said industrial facilities in Saudi Arabia have reached 230.

According to the report of the National Industrial Information Center, with a location rate of 27 percent, the country’s industrial facilities have provided nearly 10,000 job opportunities in various technical, mechanical and supervisory sectors.

Saudi production industries involve a wide range of products, including jewelry, medical equipment, contact lenses, bicycles, toys, and others.

The report found that the Saudi production industry’s export capacity exceeded SR 436 million ($ 116.1 million), with gold bullion and garment sectors at the top of the list. exports.


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