Since its establishment in 2001, the Saudi
Authority for Industrial Cities and Technology Zones (MODON) has been undertaking
the development of industrial lands with fully integrated services and 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 host 3,600 operational factories, fulfill 6,301 industrial, service and
logistic contracts, and employ more than 500,000 employees.
MODON has adopted a specific organizational structure
to fully benefit from the advantages of the partnership between the public and private
sectors and ensure the effectiveness of the industrial land offering. This is
achieved through a transparent working environment that fairly distributes the roles
between MODON and the private sector. This requires differentiation between the
planning, supervision and control functions undertaken by MODON and the
financing, construction and operation tasks that are usually competitively
handled by the private sector.
MODON has succeeded in marketing the advantages
and incentives of its industrial cities, thereby attracting leading international
companies in the industrial sector and many international investments that add
value to the Saudi economy. MODON has also made significant progress in nurturing
local partnerships and attracting investments exceeding 367 billion riyals
to date through 6,301 industrial, service and logistic contracts covering many
industrial and investment activities.
MODON fosters an ideal investment climate that
attracts quality investments to help build the national economy and achieve the
aspirations of the Kingdom's leadership, with a special emphasis on promoting
and developing the MODON Oasis and technology zones in various regions of the
Kingdom. MODON also endeavors to promote value-adding industries 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 resdential areas.
MODON seeks to develop its industrial cities in
a way that provides unique investment opportunities for all capital investors from
around the globe, including small and medium enterprises, entrepreneurs and major
local companies. It ensures the growth of the economy, the creation of employment
opportunities and the development of human capital through the provision of facilities
and incentives. MODON is also keen on attracting international companies to
contribute towards Vision 2030’s goals to diversify the national economy and
stimulate the localization of the Kingdom's industrial sector through offering
a competitive environment that paves the way for increasing the quality
standards and improving manpower.
Among the most important industrial cities supervised by "MODON"