MODON, Bin Laden Company to develop industrial city

MODON, Bin Laden Company to develop industrial city
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Updated 21 November 2021
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MODON, Bin Laden Company to develop industrial city

MODON, Bin Laden Company to develop industrial city

RIYADH: The Saudi Authority for Industrial Cities and Technology Zone (MODON), has signed an agreement with Mohammed Bin Laden Co. to develop an industrial city that exceeds 5 million square meters.
The city located in Bahrah, a town  in Makkah province, is a step to empower  the industry and increase the local economic activity in GDP terms by 65 percent, in line with the Saudi Vision 2030, said CEO of MODON, Khalid M. Al-Salem.
MODON was established in 2001 to develop industrial lands with integrated services. It oversees 36 industrial cities that exist or are under development in Saudi Arabia.