View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorised
August 12, 2014updated 27 Jan 2022 9:04am

Construction begins on women’s industrial city in Saudi Arabia

Regional hotels are striding into their third year of impressive revPAR gains. Deloitte's Laura Baxter takes a tour of the UK's winning cities and looks at what those lagging behind are doing to attract visitors.

By admin-demo

Aa

Construction works have begun on a women’s industrial city in Saudi Arabia, the first industrial city that will exclusively host women’s businesses.

The city, which is estimated to cost SAR111m ($29.5m), will be developed at Modon Oasis, east of Al-Ahsa International Airport and near the cities of Hofuf and Mubarraz.

The project aims to provide more working opportunities for women to offer them greater financial independence.

Being built on an area of 500,000m², the industrial city will be divided into a 140,000m² commercial section, a 170,000m² industrial section and a 120,000m² services area.

The city is designed to accommodate heavy industries, particularly manufacturing, and aims to attract industrial projects run by women.

“The project aims to provide more working opportunities for women to offer them greater financial independence.”

In addition, it strives to provide thousands of jobs for Saudi women and trained citizens. The completed industrial city is expected to create around 5,000 jobs in textiles, pharmaceuticals and food-processing.

Meanwhile, construction work is also underway at the second industrial city in Al-Ahsa that will have an area of 300 million m².

Ministry of Commerce and Industry’s Saudi Industrial Property Authority (Modon) director-general Saleh Al-Rasheed said: “A second industrial city will be completed by the third quarter of 2015.”

Modon is involved in the development of several industrial cities in various regions of the Kingdom, including Riyadh, Jeddah, Dammam, Makkah, Qassim, Al-Madinah, Al-Kharj, Sudair, Ha’il, Tabuk, Ar’ar, Al-Jouf, Assir, Jazan, Najran, Al-Baha, Taif, Al-Zulfi, Shaqraa and Hafr Al-Batin.


Image: Ariel view of the Al-Ahsa industrial city in the Kingdom of Saudi Arabia. Photo: courtesy of MODON.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU