MODON CEO launches 98 ready-made factories at SAR 100 mln in Jeddah

05/06/2023 Argaam
Logo ofSaudi Authority for Industrial Cities and Technology Zones

Logo of Saudi Authority for Industrial Cities and Technology Zones


Saudi Authority for Industrial Cities and Technology Zones (MODON) CEO, Majed Al-Argoubi, launched today, June 5, the ready-made factories project (Montijoun 3) in the third industrial city in Jeddah. 

 

The new project includes 98 factories, spanning 92,000 square meters (sqm), at a value of SAR 100 million. 

 

The project aims to support entrepreneurship projects and small and medium enterprises, Saudi Press Agency reported. 

  

The inauguration ceremony included signing an agreement to establish and develop ready-made factories in the third industrial city in Dammam, as part of (Montijoun 5) project.

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