• Strategic Development Projects: The Saudi Authority for Industrial Cities and Technology Zones (Modon) outlines plans for ten development projects exceeding $145 million across six industrial cities.
• Entrepreneurial Support and Infrastructure Enhancement: Key agreements include the establishment of 80 factories and ready-made products in Al-Ahsa and Taif’s industrial cities, as well as the Modon Oasis in Al-Ahsa.
• Connectivity and Security Initiatives: Modon’s commitment extends to improving basic services and connectivity.
The Saudi Authority for Industrial Cities and Technology Zones (Modon) has revealed plans for ten new development projects valued at over $145 million across six industrial cities, according to the Saudi Press Agency.
These collaborative projects with national companies aim to stimulate value chain initiatives and enhance local content, aligning with Modon’s commitment to creating an exemplary investment environment within the industrial sector.
This initiative plays a pivotal role in Modon’s mission to empower the private sector, diversify income sources, and adhere to the objectives outlined in the National Industrial Strategy and the National Industrial Development and Logistics Program (NDLP).
Key agreements include the establishment of 80 factories and ready-made products in Al-Ahsa and Taif’s industrial cities, along with the Modon Oasis in Al-Ahsa, fostering business solutions and supporting entrepreneurs and SMEs in line with Saudi Vision 2030 goals.
Modon has finalized contracts for advanced infrastructure construction, covering over 5.7 million sq m in the eastern expansion of Hail Industrial City and Al Madina Al Munawwara Industrial City, focusing on sustaining production processes and meeting industry standards.
Improving basic services is also a priority, with contracts for medium and low voltage networks in Taif Industrial City and a conversion plant in Tabuk Industrial City, enhancing operational efficiency and production capacity.
In pursuit of improved connectivity, Modon has signed road contracts linking Dammam Third Industrial City and the King Salman Energy Park (Spark), aiming for seamless integration and leveraging Spark’s logistical services.
Additionally, a contract for a civil defense station has been inked to fortify the security of industrial cities and surrounding communities.
Continuing its commitment to integrated infrastructure development, Modon offers upgraded land and prefabricated factory products across its industrial cities, aiming for balanced development and fostering private sector participation and sustainable economic growth.
With over 209 million sqm of developed areas, 6,443 factories, and 1,323 ready-made factories, Modon stands as one of the world’s largest industrial cities, leveraging its industrial, investment, and logistical assets.
If you see something out of place or would like to contribute to this story, check out our Ethics and Policy section.