35 industrial cities, more than 3,500 factories consolidating Saudi Arabia’s transformation into leading industrial power | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News

  • Date: 15-Apr-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Technology
  • Country:Saudi Arabia
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35 industrial cities, more than 3,500 factories consolidating Saudi Arabia’s transformation into leading industrial power | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN – News of Bahrain- DT News

35 industrial cities, more than 3,500 factories consolidating Saudi Arabia's transformation into leading industrial power. Saudi Press Agency (SPA) has published a report on how numerous outstanding achievements by the Saudi Authority for Industrial Cities and Technology Zones (MODON) have created the optimum environment for localization of investments, provided opportunities for industries to expand.. "MODON is making the most of the cooperation and complementarity relations with both public and private sectors to strengthen its strategy that aims to empower the industrial sector, to contribute to the development of local industry, and to attract local and foreign investments that add value to its industrial cities.. MODON has become one of the pillars of the Saudi Vision 2030 as an enabler of the industry that oversees 35 industrial cities around the Kingdom and through assigned initiatives by NIDLP, he added.. MODON has launched its new strategy aiming to enable the industrial sector, contribute to the development of local industry, strengthen local and global partnerships to attract local and foreign investments that have the added value and to transfer and localize industrial knowledge in the industrial cities.. Dammam Second Industrial City hosts Siemens Co., Ltd. two industrial factories; the first factory, over 70,000