”MODON” allocates industrial lands for 163 factories in Jeddah 2nd Industrial city

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Dr. Tawfig bin Fawzan Alrabiah, the Director General of Saudi Industrial Property Authority (MODON) signs land allocation decisions for industrial projects for obtaining lands in Jeddah 2^nd. industrial city.

The number of industrial projects for which the lands are allocated is 163 factories. The total area of these factories is 1,767,815 square meters, with investments estimated at more than four billion riyals and the cost of the factories is ranging between one million to 400 million riyals.

The investors to whom lands are allocated will initiate the required procedures for preparation of building drawings and the receipt of factory sites in the coming months in conjunction with the infrastructure development projects.

The Director General of MODON emphasized that the industrial lands are available in many of the existing industrial cities, which are under development at incentive rates, whether domestic or foreign investments  and in different industrial, commercial, residential and service sectors. Some cities are subject to reduced tax incentives for investors. Industrial cities are spread in the various regions of Saudi Arabia (Riyadh 1&2, Jeddah 1&2, Dammam 1&2, Makkah, Qassim, Al-Ahsa, Madinah, Asir, Al-Jouf, Tabuk, Hail, Najran, Al-Kharj, Jizan, Arar). Development projects have been launched to develop new cities in Sudair , Zulfi, Al-Taif.

It is worth mentioning that MODON is working to develop Jeddah 2^nd. Industrial city along with a range of projects costing up to two billion riyals upon completed. The latest of which was Jeddah 2^nd. Industrial City being provided with District Cooling service; as its agreement has been signed recently with NTCC under the (B.O.T) System. The System will provide the industrial city with approximately 100,000 tons of cooling services and produce an electric energy amounting to 80 megawatts. A steam network will also be made for the first time in the industrial cities. These services will help reduce costs to factories and provide a unique and distinct service that helps to save energy, preserve the environment and increase productivity.

Among the projects being undertaken is the establishment of an integrated network of roads , sidewalks, parking, guidance boards, farming and landscaping, potable water networks , sewage networks, and a range of treatment plants for treating and pumping sewage water, irrigation water tanks, agriculture irrigation networks and drainage networks, rainwater collection channels, sub power plants, distribution network of electric power, street lighting systems, communication systems and information technology systems. Major infrastructure projects are planned to be completed within two years.

MODON had taken into account in the designing of the development of the project using the best standards and technical specifications that help facilitate the operations of the factories and goods transport movement within the industrial city.

Estimated cost of major infrastructure projects in Jeddah 2^nd. Industrial city

Jeddah 2^nd. <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />IndustrialCity is one of the major projects of the Kingdom with an area of eight million square meters. It is characterized by its location where it is located 35 km south of Jeddah city on Jeddah - Leeth –

MODON has set up 18 industrial cities and oversees the organization of these cities spread over various regions of the Kingdom on a total area of approximately 237 million squares in Riyadh, Jeddah, Dammam, Makkah, Qassim, Ahsa, Madinah, Assir, Al Jouf, Tabuk, Hail, Najran, Al-Kharj, Jazan, and Ar’ar. The investment in these cities exceeds 200 billion riyals and more than 300 thousand workers are employed in these cities. MODON is also responsible to create ideal environment for developing and upgrading Technology zones in the Kingdom of Saudi Arabia.