Saudi Arabia’s Madinah Region Governor Prince Salman bin Sultan bin Abdulaziz has inaugurated and laid the foundation stone for a series of industrial, logistics, and development projects in Madinah’s industrial city, with a total investment exceeding SR455m ($121m).
Prince Salman said the new projects reflect the Saudi leadership’s continued support for the Kingdom’s industrial cities, which play a central role in reinforcing industrial development and attracting high-quality investments.
He also highlighted Madinah industrial city’s strategic location and its rapid growth in factories and investment contracts, aligning with Saudi Vision 2030 goals to diversify the national economy and create quality opportunities for the region’s citizens.
Saudi infrastructure and logistics
Three major infrastructure development projects, valued at more than SR367m ($98m), were inaugurated to enhance the city’s core services and strengthen its investment readiness.
Additionally, 16 new smart-designed warehouses, each ranging from 860 to 1,000 square metres, were launched at a cost exceeding SR15m ($4m).
These form part of a larger development featuring 46 warehouses covering a total of 100,000 square metres, aimed at addressing growing logistics demands.
Support for entrepreneurs
The governor also laid the foundation stone for 20 new ready-built factories, each measuring 1,500 square metres and valued at more than SR50m ($13.3m).
The project spans 190,000 square metres and is designed to empower male and female entrepreneurs, encouraging SME growth in the industrial sector.
A human-centred development initiative, budgeted at more than SR22m ($5.9m), was also announced.
The project includes the construction of a mosque and aesthetic mountain lighting enhancements to improve quality of life within the industrial city and create a more vibrant, sustainable environment.
Collectively, the projects underscore MODON’s ongoing efforts to modernise Saudi industrial hubs and foster regional investment opportunities aligned with the Kingdom’s diversification strategy.
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