Meed | Saudi Arabia’s Modon plans $2.7bn of infrastructure

Saudi Arabia’s Modon plans $2.7bn of infrastructure

30 May 2023

The Saudi Authority for Industrial Cities & Technology Zones (Modon) is expanding the infrastructure at its industrial cities and facilities across the kingdom as it seeks to attract increased private sector investment.

The estimated SR10bn ($2.7bn) five-year plan comprises several main elements.

The largest, worth SR5.8bn, covers the construction of multiple roads, bridges, water and electricity networks and other associated facilities to provide base infrastructure services.

Examples include the construction of a bridge linking the main highway system with Jeddah’s second industrial city, and a new rainwater collection network at the Waad al-Shamal industrial complex in the far north.

The second component is worth about SR2.1bn and involves building works such as new fire stations, ready-to-lease warehouses, office buildings and storage areas.

The final element involves the construction of transmission and distribution systems, including a high-voltage substation in Sudair and new overhead lines to serve Al-Kharj industrial city, in a programme worth about SR1.8bn.

Modon operates 31 industrial cities across the kingdom, including three each in Riyadh, Dammam and Jeddah. It also has four ‘oases’ under its remit where only women can work, and provides basic infrastructure services to more than a dozen private industrial cities.

Its mandate additionally covers Riyadh Technology Valley, Al-Raidah Digital City and the Wadi Makkah Technological Complex.

MEED's latest special report on Saudi Arabia includes:

> GIGAPROJECTS: Saudi Arabia under project pressure
> ECONOMY: Riyadh steps up the Vision 2030 tempo
> CONSTRUCTION: Saudi construction project ramp-up accelerates
> UPSTREAM: Aramco slated to escalate upstream spending
> DOWNSTREAM: Petchems ambitions define Saudi downstream
> POWER: Saudi Arabia reinvigorates power sector
> WATER: Saudi water begins next growth phase
> BANKING: Saudi banks bid to keep ahead of the pack
> DATABANK: Riyadh holds its buoyant economic heading