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The Saudi Authority for Industrial Cities and Technology Zones (MODON) commenced handover of the second industrial city in Al-Akashiya district in Makkah, spanning over an area of 45.4 million square meters (sqm).
Qusay Al-Abdulkarim, Director of Marketing and Corporate Communications Department and official spokesperson of MODON, said that the second industrial city in Makkah is a new addition to the company’s strategy towards empowering the industry and increasing local content, as well as achieving the initiatives assigned to it under the National Industrial Development and Logistics Program (NIDLP).
The new industrial city is aimed to keep pace with the growing demand for industrial investment in the Makkah region, as MODON is working to create the optimal environment to attract and localize value-added investments to its industrial cities.
It will also help in providing opportunities for the development of these investments and achieving the largest possible financial return for its partners, Saudi Press Agency quoted the official as saying.
The city is distinguished by its location on the Fifth Ring Road and the intersection of Makkah-Taif-Jeddah roads, as well as by its proximity to the Motor City and the Holy Mosque at a distance of 10 km and 20 km, respectively, to the city center.
The distance between the industrial city and the Haramain train station is only 25 km, while the distance from King Abdulaziz International Airport in Jeddah is 88 km, and 70 km to Jeddah Islamic Port.
With the completion of the handover of the second industrial city in Makkah, MODON will add two new cities to its industrial network, after the inauguration of the industrial city in Taif in 2020 on a total area of 11 million sqm, the first phase of which was developed on an area of 1.2 million sqm.
The industrial cities affiliated to MODON include more than 4,000 factories - both existing and under-construction – out of which more than 780 factories are ready to support entrepreneurs and SMEs.
Meanwhile, the total contracts increased to 6,587 industrial and investment contracts, up from 6,300 contracts at the end of 2019.
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