The Saudi Minister of Industry and Mineral Resources, Bandar Ibrahim Al-Khorayef, said in a tweet on (Twitter), that the volume of investments attracted by the industrial sector during the past seven months exceeded 70 billion riyals. .
According to a statement from the Ministry of Industry, the total number of workers in the sector reached 2,931 last July, while the total number of existing industrial facilities and under construction until the end of last July reached more than 10 thousand factories.
The Deputy Minister of Industry and Mineral Resources for Mining Affairs in Saudi Arabia, Khaled bin Saleh Al-Mudaifer, said in an exclusive interview with (CNBC Arabia), that the volume of underground reserves from Gold, copper, phosphates and other minerals amount to 1.3 trillion dollars, and the volume of investments in the sector reaches 180 billion riyals, and is expected to double by one and a half times by 2030.
When asked about the size of the licenses, the moderator stated that there are about 1,800 valid licenses and 1,500 on demand.
