Pan Kingdom Real Estate has announced the signing of an investment agreement with the Saudi Authority for Industrial Cities and Technology Zones (MODON) to build and develop 86 ready-built factories in Sudair Industrial and Business City.
The project will span an area exceeding 98,000 square meters and aims to support entrepreneurship initiatives and strengthen the Kingdom’s industrial ecosystem.
The company stated that the project reflects its commitment to contributing to the achievement of the objectives of Saudi Vision 2030, through supporting entrepreneurs and small and medium-sized enterprises (SMEs), as well as expanding innovative industrial infrastructure across the Kingdom.
For its part, MODON noted that this collaboration aligns with its strategy to develop integrated industrial cities that meet the needs of local and international investors and contribute to increasing the industrial sector’s share of the Kingdom’s Gross Domestic Product (GDP).
