Industry
As part of the country’s Vision 2030 plans
"Saudi priorities include localizing steel products of all types"
Existing, under-construction factories in Saudi reached 10,685 in July
Saudi contracting firm number reached 165K
Expenditure on cars in Saudi reached SAR 40bn in 2020
Lucid to produce 150, 000 cars per year in Saudi by 2027
Electromin rolls out 100 charging stations for EVs across Saudi
It seeks to boost annual coffee beans production from 300 to 2,500 tons
Saudi attracts investments worth $32 billion through 9 new projects
Number of factories in Saudi exceeded 10,000 factories
IPI grew by 22.3 percent in February
The Saudi mining sector in 2021 reached 83 billion riyals ($22.41 billion)
Saudi is one of the world’s fastest-growing countries in manufacturing
