The industrial cities in Jeddah, operated by the Saudi Authority for Industrial Cities and Technology Zones (MODON), have launched a number of new development projects valued at over 521 million riyals.
The launch aims at enhancing MODON’s strategy, creating a supportive investment environment, and improving the quality of basic services. Moreover, this contributes to solidifying its attractiveness as a regional and global industrial hub.
MODON
New projects were launched by the Deputy Minister of Industry and Mineral Resources for Industrial Affairs, Engineer Khalil bin Salama.
The projects included laying the foundation stone for the continuation of the infrastructure development of the first phase in the third industrial city in Jeddah, with a value exceeding 367 million riyals. This is part of the initiatives assigned to “MODON'” in the National Industrial Development and Logistics Program (NDLP).
The Deputy Minister of Industry and Mineral Resources for Industrial Affairs announced a project to build 24 ready-made factories, each 350 square meters, in Jeddah’s first industrial city. The initiative aims to meet local market demands and support small and medium-sized enterprises and entrepreneurs.
The projects included a 10,000-cubic-meter wastewater treatment plant for over 1,226 factories in Jeddah’s Second Industrial City. They also implemented a 400,000-square-meter irrigation network and launched emergency medical services in Jeddah’s Second and Third Industrial Cities.
This aligns with advancements in the industrial sector and supports the goals of the National Industrial Strategy and Saudi Vision 2030 by expanding production capacities, transferring and localizing specialized industries. Moreover, it attracts both local and foreign investments.
It is noted that the second and third industrial cities in Jeddah have experienced significant growth in the number of factories since 2018, with an increase of over 200%. The volume of industrial investments has surpassed 30 billion riyals.
Additionally, the number of direct jobs has grown by more than 10,000 for citizens in the industrial and service sectors, including 1,600 female jobs.
Investment Environment
“MODON” is dedicated to creating an ideal investment environment to empower the Kingdom’s industry. Moreover, the developed industrial land now exceeds 209 million square meters, with over 7,900 industrial contracts and 6,443 industrial facilities.
Since 2001, “MODON” has developed integrated industrial lands and currently manages 36 industrial cities across the Kingdom. It also oversees private industrial complexes and cities. Finally, MODON is enhancing its investment system to align with the Fourth Industrial Revolution and the Quality of Life Program.
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