Saudi Arabia has made massive strides over the years to open its market to international investors. The Kingdom of Saudi Arabia is much keen to diversify its economy and move away from oil dependency. Given the growing needs within the region, Saudi wants to play an integral role in its development and become the centre of production and manufacturing in the GCC region.
Saudi Arabia’s Government has launched incentives and programs to promote and attract more investors to the manufacturing industry throughout the country. Currently, there are 10,000 plus factories in Saudi Arabia spanning various sectors ranging from food and pharmaceuticals to the production of metals, machinery, and equipment manufacturing.