Eng. Al-Falih patronizes inauguration of “MODON” new identity

Riyadh, Saudi Industrial Property Authority (MODON) has launched here its strategy and new identity under the patronage of Minister of Energy, Industry and Mineral Resources Engineer Khaled bin Abdulaziz Al-Falih in the presence of a number of high-ranking officials, industrialists and media personnel.

Eng. Al-Falih stressed that the launch of "MODON" for its new strategy and identity represents an important initiative and step that enhances its responsibility as one of the pillars of national industry empowerment and supports the country's continuous plans to improve the industrial sector and diversify its sources of income and more services and products under a new vision with innovative solutions and smoother dealings.

He said in statement to Saudi Press Agency (SPA), "The strategy and new identity of Saudi Industrial Property Authority (MODON) are in line with the directives of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Vice President of the Council of Ministers and Minister of Defense, and keep abreast of their keenness on the leading of the industrial sector and the prosperity of Saudi industry. "

Minister Eng. Al-Falih added that "MODON" extensive efforts with various other government entities in recent years have contributed significantly to the remarkable demand witnessed by the Kingdom today for the industrial investment, noting MODON's success in marketing and highlighting advantages and incentives that characterize its industrial cities.

For his part, Deputy Minister of Energy, Industry and Mineral Resources for Industrial Affairs Eng. Abdulaziz bin Abdullah Al-Abdul-Karim pointed to the efforts being exerted to promote the industrial sector in the Kingdom and turn it into a leading industrial force and a global logistics platform in the fields of growth promising to create jobs for citizens.

For his part, MODON's Director General Eng. Khalid bin Mohammed AlSalem thanked the Minister and officials for attending the inauguration ceremony, noting that the new identity represents all values that "MODON" aspires to achieve.

Source: Saudi Press Agency