Logo design of Saudi Authority for Industrial Cities and Technology Zones (MODON)
The Saudi Authority for Industrial Cities and Technology Zones (MODON) revealed that the variety of food processing plants in its cities increased to about 1,300 throughout the Kingdom.
The statement comes throughout MODON’s involvement in the very first edition of the Saudi Food Show 2024, arranged to be held from April 30 to May 2, 2024 in Riyadh.
MODON likewise stated that it continues to establish a stimulating commercial environment for the food market sector, as Sudair City for Industry and Business and the 2 commercial cities in Madina and the 3rd city in Jeddah came as the most appealing commercial cities for producing food and drink items in 2023, according to a declaration mentioned by Saudi Press Agency.
The Authority likewise stated it is working to localize the food market by motivating regional and foreign business to purchase its commercial cities, which are spread out in 13 administrative areas around the Kingdom and are differentiated by their geographical areas, distance to service locations and methods of transport, and the accessibility of personnels. This is available in an effort to draw in financial investment jobs worth $20 billion (SAR 75 billion) in poultry, dairy and cheese derivatives, bakeshop and sugary foods, and drinks and juices sectors by 2030.