Al-Salem: 367 billion riyals is the volume of investments in industrial projects

      Published on Friday, 2 October , 2020      1230 Views     
Al-Salem: 367 billion riyals is the volume of investments in industrial projects

  • Business

While the Minister of Industry and Mineral Resources, Chairman of the Board of Directors of the Saudi Organization for Industrial Estates and Technology Zones (MODON), Bandar Al-Khorayef, during his visit to Sudair City for Industry and Businesses located in Riyadh, yesterday, the importance of caring for Saudi men and women working in the industrial sector, as well as working to develop local content in the sector.

The Director General of MODON, Eng. Khaled Al-Salem, revealed that the authority is keen to achieve the satisfaction of its partners in the private sector according to its strategy to empower industry and contribute to increasing local content, as the volume of investments in industrial cities reaches more than 367 billion riyals.

Al-Salem indicated that the implementation of 20 ready-made factories with an area of ​​1500 square meters, and the design, implementation and operation of the sewage water plant by 100%, pointing out that “MODON”, in integration with the Ministry of Communications and Information Technology, completed the delivery of the fiber network to Sudair City for Industry and Business to provide high-quality communication services. And the completion of infrastructure to enable industrialists to digital transformation, as well as linking fire station buildings to the network of the main center to receive emergency calls directly or through the internal network.

Al-Salem indicated that the Sudair City for Industry and Business, which was established in 2009, is located within the central sector, according to the geographical structure of the authority.

He reviewed the most prominent existing and targeted industries in Sudair City for Industry and Business, most notably: printing, beverages, food and medical products, and furniture, in addition to the manufacture of machinery and equipment not classified elsewhere, other manufacturing industries, computers and electronic and optical products, as well as the manufacture of base metals, electrical equipment, pharmaceutical products, chemicals and their products. And the manufacture of rubber, plastics, other non-metallic minerals and products of formed metals, excluding machinery and equipment, and the manufacture of building materials, ceramics and glass.

It is noteworthy that Sudair City for Industry and Business is distinguished by its proximity to Al Majmaah train station, 60 km away, 140 km to King Khalid International Airport, while the distance to Riyadh Dry Port is 160 km.

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Category Business | 2020/10/02 latest update at 11:10 PM
Source : Al Khaleej Today | Photocredit : Google
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