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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh - Bandar Al-Mosalam

New Investments: 500,000 SQM of Saudi Industrial Areas

MODON Asharq AlAwsat
Saudi Arabia is working to attract local and international investments to advance the industrial sector in the country. (Asharq Al-Awsat)

The Saudi industrial zones managed to attract local and international investments with areas exceeding half a million square meters, after launching a package of products aimed at creating unique opportunities, providing assistance and stimulating programs for investors.

A recent report issued by the Saudi Authority for Industrial Cities and Technology Zones (MODON) - a copy of which was received by Asharq Al-Awsat - revealed that local and international investments over the past year exceeded a total value of 2.8 billion riyals (USD746 million).

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