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FINANCIAL NEWS
Saudi’s Modon signs 6.000 deals at USD160bn
23 Jul 2016
(MENAFN) The Saudi Industrial Property Authority (MODON) signed more than 6,000 industrial, logistic and services deals for investments that surpasses USD160bn.
Additionally, factories in the industrial zones have posted a remarkable increase during last year, in addition to the completed industrial projects.
Furthemore, the authority has organized 35 industrial cities by the end of 2015, after joining the development and operation of the industrial zone in Waad Al-Shamal area.
The national infrastructure is ready to embrace major projects amid their planning and executing expertise.
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