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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Arabia Seeks to Double Exports, Raise Number of Factories to 36,000 in 2035

Saudi Arabia Mohammed bin Salman Bandar bin Ibrahim Alkhorayef Kingdom

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef speaks to the media at World Defense Show in Riyadh, Saudi Arabia, on March 7, 2022. REUTERS/Ahmed Yosri

Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef has revealed that the Kingdom intends to double industrial exports by 2030 and anticipates that the number of factories will reach 36,000 by 2035.

He made his remarks on the sidelines of the Future Investment Initiative (FII).

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