Saudi MODON Boosts Industrial Cities With Over 4.8 Million Square Meters Of Logistics Space

The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, has expanded its logistics space in industrial cities across Saudi Arabia to over 4.8 million square meters. This expansion addresses the rising demand for its services and aims to offer a comprehensive range of logistics products.

MODON is participating in the international trade fair, Transport Logistics, Asia's leading event for logistics, transportation, information technology, and supply chain management. The fair is being held in Shanghai, China, from June 25 to 27, 2024. MODON is showcasing within the National Industrial Development and Logistics Program (NIDLP) pavilion to promote industrial investment opportunities and logistical projects in industrial cities.

At the event, MODON will introduce the incentives and capabilities it offers to both local and foreign investors. Under the vision of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, MODON is responsible for developing and supervising several logistics centers as part of the general plan launched in August 2023. The aim is to develop 59 logistics centers covering more than 100 million square meters.

MODON supports and facilitates industrial and logistical investment opportunities by providing a comprehensive package of services and products. These include specialized warehouses, dry and refrigerated warehouses, warehouse areas, yards, and centers for shipping truck services. This extensive offering highlights MODON's commitment to creating a conducive environment for industrial and logistical investments.

"MODON" is diligently following an ambitious plan to develop industrial cities aligned with its objectives. These cities are designed to attract investment, empower the industry, and ensure stability. Developed land areas have expanded beyond 209 million square meters. They currently house over 6,600 industrial and logistical facilities aimed at enhancing local content and maximizing exports in line with Saudi Vision 2030.

The increase in logistics space reflects MODON's dedication to supporting the Kingdom's economic growth by providing essential infrastructure for industrial activities. By expanding its logistics capabilities, MODON aims to meet the growing needs of businesses operating within Saudi Arabia's industrial cities.

MODON's participation in international events like Transport Logistics helps showcase Saudi Arabia's potential as a hub for industrial investments. By promoting its services on such platforms, MODON attracts global investors interested in leveraging the Kingdom's strategic location and robust infrastructure.

Through these efforts, MODON continues to play a pivotal role in driving economic diversification as envisioned by Saudi Vision 2030. The authority remains committed to enhancing the Kingdom’s industrial landscape by offering state-of-the-art facilities that cater to various business needs.

MODON’s initiatives align with broader national goals aimed at fostering economic development through strategic investments in infrastructure. By developing advanced logistics centers and expanding industrial spaces, MODON contributes significantly to creating a thriving business environment within Saudi Arabia.

The authority’s focus on providing comprehensive logistical solutions ensures that businesses have access to necessary resources for efficient operations. This approach not only supports existing industries but also attracts new ventures looking for reliable infrastructure support.

Overall, MODON’s continuous efforts underscore its role as a key enabler of Saudi Arabia’s vision for a diversified economy driven by robust industrial growth.

With inputs from SPA