RIYADH: Saudi Arabia’s industrial occupancy exceeded 90 percent across key markets in the second quarter, while the number of industrial establishments rose to 13,660 in April, JLL said.
Occupancy in Riyadh, Jeddah and the Dammam Metropolitan Area remained above 90 percent, supported by lease renewals and continued absorption of industrial and logistics space despite regional disruptions, according to JLL’s KSA Industrial Market Dynamics Q2 2026 report.
The Kingdom’s industrial base expanded to 13,660 establishments in April, from 12,289 a year earlier, as 322 new industrial licenses were issued and 188 factories began production. JLL said the expansion is generating additional demand for industrial and logistics space.
The expansion reflects Saudi Arabia’s broader push to increase manufacturing capacity and attract investment into higher-value industries. Under the National Industrial Strategy, the Kingdom aims to increase the number of industrial plants to about 36,000 by 2035, up from 7,206 in 2016, while Vision 2030 is focused on expanding production, strengthening local content and deepening the integration between manufacturing and logistics.
Saud Al Sulaimani, CEO and head of capital markets – KSA at JLL. Supplied
