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Logo of Saudi Authority for Industrial Cities and Technology Zones (MODON)
Saudi Authority for Industrial Cities and Technology Zones (MODON) announced that 52 ready built factories were constructed in Dammam 2nd Industrial City and Al-Kharj Industrial City, Saudi Press Agency reported, citing Director of Marketing and Corporate Communications and spokesperson Kosai Al-Abdulkarim.
These new projects include 20 ready-built factories spanning 700 square meters (sqm) and 12 of 1,500 sqm in Al-Kharj Industrial City. In addition, there are 20 ready-built factories on 700 sqm area in Dammam 2nd Industrial City.
All facilities have access to electricity and are ready for privatization and investment.
The ready-built factories promote the freelance business concept among society members and help provide more job opportunities in the industrial sector. This also comes under MODON’s initiatives in line with the National Industrial Development and Logistics Program (NIDLP).
MODON recently signed an agreement with an investment firm for 84 ready-built factories on a total area of 700 sqm per unit in Riyadh Third Industrial City.
Related News
Modon inks contract to establish 84 ready factories |
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