In a strong sign of Saudi Arabia’s rapid industrial change, the Ministry of Industry and Mineral Resources announced the issue of 83 new industrial licenses in June, with an amount of more than SR950 million ($ 253.3 million) in investment. This vision marks another progress in the widespread push of the state to diversify its economy beyond oil under 2030 initiative. With new employment generation, increase in factory operations, and with a strong investment pipeline, the data depicts the deep roots of a prosperous manufacturing ecosystem designed for the future proof of the country’s economic foundation.
A growing industrial landscape: new licenses and employment generation
In June 2025 alone, 83 new industrial licenses were issued, representing more than SR950 million ($ 253.3 million) in collectively required capital investment. According to the monthly bulletin of the National Center for Industrial and Mining Information, these licenses are estimated to generate 1,188 new jobs in various areas of the Kingdom. These numbers are not only indicators of bureaucratic activity, they indicate tangible progress in the creation of a non-oil economy. It is a major metric issuing licenses by industry and mineral resources to assess the health and speed of Saudi Arabia’s manufacturing sector.
From paper to production: factories started operations
It is also more remarkable than the license that there is a pipeline of new facilities going from the phase of the scheme to the operation. In June, 58 new licensed factories started production officially. These factories represent a joint investment of SR1.9 billion ($ 506.6 million) and predict 2,007 jobs. This infection is important from licensing to activation. This indicates that industrial permits are not only symbolic, but are translating in the deployment of operating plants, employment and capital, strengthening the implementation power of Saudi Arabia’s industrial policy. The ministry strategy includes regular publication of industrial performance indicators, including:
- Number of new licenses
- Factories entering operations
- Investment -volume
This practice is aimed at ensuring transparency and providing both domestic and international stakeholders with a reliable window in industrial development of the state.
Anchor in Vision 2030: Long -term strategy in action
Saudi Arabia’s industrial push cannot be separated from the comprehensive vision 2030 change strategy launched by Crown Prince Mohammed bin Salman in 2016. As the nation reaches half the path of this broad initiative in 2025, the data from June shows clear alignment with the long -term economic objectives of the program. Vision 2030 is based in three fundamental pillars:1. A lively society– Cultural revival, increase the quality of life through religious tourism and public health. The goals include expanding the Umrah pilgrims and an increase in national life expectancy.2. A prosperous economy– This column is central for industrial report. It focuses on this:
- Reduce oil dependence (which currently makes about 75% of government income)
- Attract foreign direct investment
- Supporting SME
- Launch Megaprojects Like Neom
- Growing female workforce participation and privatization
3. Ancient nation – Driving improvement in governance, transparency and public engagement. This includes anti-corruption efforts and strengthens non-profit and volunteer areas. The urgency behind these efforts is evident with the hope of global oil demand to remain at its peak by 2030. The June industrial indicators reflect stable progress towards creating a permanent economic engine that can lead the state to the post -oil future.