THIS SITE USES COOKIES

The cookie settings on this website are set to 'allow all cookies' to give you the very best experience. If you continue without changing these settings, you consent to this - but if you want, you can change your settings at any time at the bottom of this page.Cookie Policy

Home> Partners > INDUSTRIAL CITIES AND TECHNOLOGY ZONES (MODON)

Saudi Authority for Industrial Cities and Technology Zones (MODON)

Support-Targeted Segment: Small, medium and large enterprises in order to provide land or ready factory support for new projects or expand/ improve existing projects.

Products and Services for Nusaned Investors: Provide ready factories (Completed units for small and medium enterprises). Provide innovative products including small, multi-floor factories and an online platform for suppliers and others. Provide industrial and service land with solid infrastructure at reduced price. Provide non-financial care services for incubated businesses and provide customized buildings for high value-added investments.

Incentive Package for Investors: The investor will receive special care such as fast-track and post-contract services if necessary. Value-added investors will have the priority for any incentives to be approved later.

Grace Period: High value-added projects will be granted a grace period (deferred repayment) of the annual fees up to 24 months for the industrial land product.

Approval period: Applications received from Nusaned can be expedited to be completed within 6 weeks and the property is offered in the available areas.

Reduced Rental Fees: Investors will have a 15% discount on ready factories. Customized products and services: MODON may provide products or services as requested by the investor (customized buildings, infrastructure with special specifications, private power station, etc.) to high value-added companies.

MODON’s Program to attract foreign investments to Saudi Arabia:

Benefits of the agreement:

• Issuance of licenses for the support-targeted segment shall be for a fee less than the basic fees (not more than SAR 2000.)

• No minimum business experience is required from the foreign investor in his own country for access to the Saudi market.

• Only the targeted segment will have a special period for license issuance – no more than 3 hours if all the requirements are met.

Compare up to 4 grades

You already have 4 products for comparison

Compare items