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FinancialNews


  • 12-08-17

    Saudi Arabia to receive 816 factories, industrial plants

    (MENAFN) A whole of 816 factories and industrial plants, worth almost USD5.8bn and employing a workforce of 65.816 are under building in Saudi Arabia.

    Furthermore, the metals and minerals industry topped the list with 342 factories under building, trailed by the rubber and plastics at 128 factories.

    Additionally, the food and beverages sector at 59 factories and the chemical products industry at 55 factories.

    The number of factories operating in the kingdom reached 7.788 at the end of the first half of the year, with a whole capital of USD291.7bn.

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