RIYADH: According to JLL, the number of industrial firms in Saudi Arabia increased to 13,660 in April, while the country’s industrial occupancy rate in major markets surpassed 90 percent during the second quarter.
According to the KSA Industrial Market Dynamics Q2 2026 report published by JLL, occupancy rates in Riyadh, Jeddah, and the Dammam Metropolitan Area remained above 90 percent. This was backed by lease renewals and continuing absorption of industrial and logistical space, despite interruptions in the region.
In April, the number of businesses that make up the Kingdom’s industrial base increased to 13,660, up from 12,289 the previous year. This was due to the fact that 322 new industrial licenses were issued and 188 factories started operations. According to JLL, the expansion is causing an increase in the demand for space in the categories of industrial and logistics.
The development reflects Saudi Arabia’s overall efforts to increase manufacturing capacity and attract investment into higher-value industries. While Vision 2030 is focused on growing production, enhancing local content, and improving the integration between manufacturing and logistics, the National Industrial Strategy of the Kingdom seeks to increase the number of industrial plants to around 36,000 by the year 2035. This is an increase from the 7,206 plants that were in operation in 2016.
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