Since its establishment in 2001, the Saudi Authority for Industrial Cities and Technology Zones (MODON) undertakes the development of fully integrated service industrial lands to the highest international standards. Today, it oversees 35 existing and under development industrial cities in various regions of the Kingdom, in addition to supervising private industrial cities. Currently, MODON's developed industrial lands exceed 198,8 million square meters. The existing industrial cities include 3,474 productive factories, in addition to 6,190 industrial, service and logistic contracts, and more than 435,000 employees.
Modon is based on a specific institutional structure in order to make the most of all the advantages of the State's partnership with the private sector and the effectiveness of providing industrial land, through a transparent work environment in the distribution of roles between Modon and the private sector. This is represented by distinguish between the planning, supervision and control functions undertaken by MODON and the financing, construction and operation tasks that are usually undertaken by the private sector in a competitive manner.
MODON has succeeded in marketing the advantages and incentives of its industrial cities, which have attracted leading international companies in the industrial field, and many international investments with value-added for Saudi industrial investment. MODON has also made significant progress in the field of internal partnerships and attracting investments exceeding 500 billion riyals to date through 6,190 industrial, service and logistic contracts covering many industrial and investment activities.
MODON seeks to deliver an ideal investment climate that attracts quality investments, to help build the national economy and achieve the aspirations of the Kingdom's leadership, with full emphasis on promoting and developing the MODON Oasis and technology zones in various regions of the Kingdom. MODON also endeavors to encourage industries that have the added-value such as gas, energy, mining and others. It also supports its industrial cities with all the necessary logistic services, and works to connect them to various land and air transport networks, and make sure they are selected cities and integrated residential areas.
MODON seeks to develop its industrial cities in a way that provides unique investment opportunities for all capital investors around the globe. It ensures creation of economic strength, job opportunities and manpower development by facilitating procedures and providing many guarantees. This includes the sector of small and medium enterprises, entrepreneurs and big local companies. MODON also works to attract international companies to contribute to achieving the goals of Vision 2030 in terms of diversifying the national economy and stimulating the localization of the Kingdom's industrial sector through offering a competitive environment that paves the way for raising the quality standards and improving manpower.
Among the most important industrial cities supervised by "MODON"