• News
  • Business
  • Education
  • Technology
  • Health
  • Travel
Khaleej Mag
  • News
  • Business
  • Education
  • Sports
  • More
    • Health
    • Entrepreneurship
    • Islam
    • Technology
    • Travel
    • Contact Us
  • Facebook

  • Twitter

  • Instagram

  • LinkedIn

  • RSS

Business

Saudi Arabia Assesses 8,000 Factories as Industrial Transformation Accelerates

Saudi Arabia Assesses 8,000 Factories as Industrial Transformation Accelerates
Web Reporter
December 2, 2025

Saudi Arabia’s Ministry of Industry and Mineral Resources has evaluated 8,000 factories as part of its national push toward advanced manufacturing, with more than 300 now classified as advanced, a senior official confirmed.

Assistant Deputy Minister for Industrial Competitiveness and Advanced Manufacturing Ahmed Al-Zawawi told Al-Eqtisadiah that the assessments reflect growing momentum in the country’s drive to modernize its industrial base. The effort follows the launch of the Advanced Manufacturing and Production Center, which was established to speed up the transition toward more technologically capable operations across the sector.

Al-Zawawi said the ministry has conducted detailed evaluations for 1,500 factories, resulting in tailored transformation plans designed to guide each facility toward higher standards in production efficiency and modern industrial practices. These plans, he noted, aim to equip factories with the tools needed to strengthen performance and meet global benchmarks.

He highlighted that the ministry is expanding its support mechanisms, which include financial incentives, advisory services and dedicated development programs. “We currently have 180 accredited service providers, 80 of which were accredited this year,” he said. The goal is to increase that number to more than 1,000 by 2030, a move intended to reduce transformation costs for manufacturers and reinforce competitiveness at the international level.

Several key initiatives are already in place. Among them is the Basic Digitization Program, which offers support of up to SR2 million ($532,831) to help factories adopt essential digital solutions. Other assistance falls under the ministry’s Competitiveness Program, which provides loans and grants of up to SR40 million through the Industrial Development Fund for projects aimed at improving production capabilities.

Al-Zawawi stressed that these programs are designed to act as catalysts for growth within the industrial sector. By providing targeted resources and expanding the ecosystem of accredited service providers, he said the ministry hopes to create an environment where factories can adopt modern practices more effectively and strengthen their position in global markets.

Saudi Arabia has been prioritizing industrial modernization as part of its broader economic transformation strategy. The rapid increase in assessed factories and the expansion of support programs signal the government’s commitment to developing a competitive manufacturing sector equipped with advanced technologies and skilled service providers.

Al-Zawawi said he expects the continued rollout of incentives and national programs to accelerate progress over the coming years, helping the Kingdom advance toward its goals for a stronger, more efficient and globally competitive industrial landscape.

Comments

Related ItemsBusiness
Business
December 2, 2025
Web Reporter

Related ItemsBusiness

More in Business

GCC Listed Companies Post Record $67.9 Billion Profit in Q1 2026 on Energy and Banking Strength

Web ReporterJune 7, 2026
Read More
Luxury Asset Loans

Navigating the World of Luxury Asset Loans

Web DeskJune 5, 2026
Read More

Saudi Kingdom Holding Discloses $4.47 Billion Stake in SpaceX Ahead of Planned Nasdaq IPO

Web ReporterJune 4, 2026
Read More

Oil Prices Slip as Israel-Lebanon Ceasefire Raises Hope for Wider Middle East Peace Deal

Web ReporterJune 4, 2026
Read More

US Inflation Pressures Rise as Iran Conflict Drives Energy Shock, Federal Reserve Report Finds

Web ReporterJune 4, 2026
Read More

Saudi Non-Oil Business Activity Rebounds to Three-Month High in May

Web ReporterJune 3, 2026
Read More

Saudi Arabia Sees Surge in Chemical Clearance Requests as Industrial Activity Gains Pace

Web ReporterJune 3, 2026
Read More

Saudi Consumer Spending Surges in April as E-Commerce and Retail Activity Accelerate

Web ReporterJune 2, 2026
Read More

Saudi Banks Post Annual Profit Growth as Lending and Mortgage Activity Stay Strong

Web ReporterJune 2, 2026
Read More
Scroll for more
Tap
  • Recent
  • Popular
  • Tags

Khaleej Mag
Khaleej Mag is your premier source for insightful stories, vibrant culture, and dynamic perspectives from across the Arabian Gulf region and the rest of the world. Explore the essence of Gulf life with captivating articles, stunning visuals, and exclusive features. Stay informed, inspired, and connected with Khaleej Mag. Contact us at editor@khaleejmag.com.

Follow Us

  • X
  • Facebook
  • LinkedIn
  • Instagram

Copyright © 2018 Khaleej Mag

PIF Earns A-1 Short-Term Rating from S&P, Strengthening Its Global Financial Profile
Arab Region’s Economy Expected to Reach $4 Trillion in 2026 as Growth Outlook Strengthens