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Read More An industrial license allows businesses to legally operate industrial activities and manufacture products within Saudi Arabia. Whether you’re involved in heavy industry, light industry, or transformative sectors, an industrial license is essential to start or expand your operations.
Saudi Arabia’s industrial sector is rapidly growing, positioning the Kingdom as a key regional hub for industrial production. This growth attracts significant investment and trade opportunities from across the Middle East.
Please note that some industries may have specific regulations or additional requirements. The application process for an industrial license can also vary depending on your company’s profile.
Industrial Sector in Saudi Arabia Key Overview
- Governing Authority: Saudi Ministry of Industry and Mineral Resources (MIMR)
- Primary Focus Areas: Manufacturing of steel, food products, polymers, and chemicals
- Strategic Export Goal: Targeting industrial export value of $149 billion by 2030
- National Industrial Strategy: Comprises over 136 initiatives and highlights approximately 800 investment opportunities valued at $266.2 billion
- Factory Expansion Objective: Plans to increase the number of factories from 10,640 to 36,000 by 2035
Economic Diversification
Saudi Arabia is actively working to diversify its economy beyond oil exports. The industrial sector is a key driver in this effort, creating new revenue streams and generating valuable employment opportunities across the Kingdom.
National Industrial Development and Logistics Program (NIDLP)
NIDLP is focused on positioning Saudi Arabia as a global industrial leader and a major logistics hub. By leveraging its mining and energy resources, maximizing local content, and embracing the Fourth Industrial Revolution (4IR), the program fosters sustainable growth and attracts international investment.
Value-Added Production
The industrial sector enhances the value of Saudi Arabia’s natural resources by turning raw materials into finished goods. This strategy boosts export value while reducing the need for imports, strengthening the Kingdom’s economic independence.
Industrial Cities
Managed by the Saudi Authority for Industrial Cities and Technology Zones (MODON), Saudi Arabia’s 36 industrial cities host over 3,500 factories, with more developments underway. MODON offers a wide range of incentives and services to attract investors from the GCC, Arab region, and beyond.