The Saudi Ministry of Industry and Mineral Resources issued 529 new industrial licenses during the first half of this year, with investments exceeding 20 billion riyals ($5.3 billion). .
According to Arabiya Net, she added that the number of factories that started production in the first half of the year reached 302, while the number of jobs created by the sector reached more than 30,000 jobs. The Saudis' share of it reached 42%, according to Asharq Al-Awsat newspaper.
The ministry indicated that the first half of this year witnessed the issuance of 74 metal detection licenses, 122 building materials quarries, 8 mining and mining licenses, in addition to 11 Survey license.
The first half of 2021 in the Saudi industrial sector witnessed the adoption of the executive regulations for the new mining investment system, the launch of the Made in Saudi program, the launch of the new digital platform, as well as the launch of The first ventilator device manufactured in Saudi Arabia.
At the end of last month, the Saudi Minister of Economy and Planning, Faisal Al-Ibrahim, said that there is a lesson from the Covid-19 pandemic, which is that using solutions based on the Fourth Industrial Revolution, It exposed the fact that the gap between the leading economies and the rest of the world is widening.
Faisal Al-Ibrahim continued: Despite the significant progress made since the launch of the vision and during the pandemic, the impetus for further economic growth could be to seize part of the opportunities that increase over $3 trillion over the next five years and its multiplier effects.
