Ready to go: Attracting foreign investment with purpose-built industrial cities
In its drive to diversify its industrial base and attract inward investment into the Kingdom, Saudi Arabia offers commercial land at significantly discounted rates in zones known as industrial cities. Although there is no prohibition on the construction of made-to-measure factories by businesses moving to one of these industrial cities, there are off-the-peg, ready-made units for light industrial purposes in most parts of the country. MODON The Saudi Industrial Property Authority ( MODON) was established in 2001 and tasked with establishing, developing and operating industrial cities to ensure the availability of commercial space with integrated services and facilities to meet the needs and requirements of