1997 News Story

Saudi industry goes from strength to strength

Saudi Arabia's industrial development has received impetus and strength through its 2,598 productive factories, spread over eight industrial cities throughout the country, which have enabled the Kingdom to manufacture a number of products formerly imported, and in some cases, to export them.  A total of SR 190.67 billion (U.S. $ 50.85 billion) has been invested in these factories, which employ more than 240,000 workers. Each year, Saudi Arabia exports petrochemicals worth SR 15 billion (U.S. $ 4.0 billion), but in addition, the annual export of other industrial products amounts to SR 8 billion (U.S. $ 2.13 billion).