Over the last year, the Saudi Authority for Industrial Cities and Technology Zones (MODON) has been working under a strategy in harmony with the programs listed in the Kingdom’s plan for national transformation, Vision 2030.
Some of the core objectives of the plan are to transform Saudi Arabia into a promising industrial powerhouse, a global logistics platform and achieve sustainable and balanced development in the Kingdom.
Vision 2030 also promotes activating innovative technical transformation in the business environment of the industrial cities in the country.
In its latest report, MODON revealed it had established a strategy that paves the way towards the vision of it becoming an enabling industrial environment powered by smart technology transformation. This will aid in MODON contributing to the growth of the national economy.
MODON is working in collaboration with the National Industrial Development and Logistics Program (NIDLP) towards realizing the abovementioned goals.
The authority also contributes to developing non-oil revenues, generating new job opportunities, stimulating the private sector, and providing a safe environment for investors.
Also, it follows a unified framework that enhances coordination and control over performance, projects, and initiatives.
This method helps in achieving strategic goals, reducing risks, and contributing to increasing chances of success.
It does so through the governance of initiatives and projects and facilitating coordination with relevant authorities.
The authority works to ensure the smooth running of initiatives and offers a continuous follow-up to their implementation. It oversees stakeholder participation, corrective action, continuous improvement, and development of the plan’s outputs.
MODON was initially launched to adapt to the local and global variables and meet the growing needs for the primary environment required for the Kingdom’s industrial development.
The authority was also established to fulfill the future requirements and help the private sector play a more significant role in the development, operation and management of facilities and services.
