Dammam 2nd IC is the has the largest occupied area of all Modon Industrial cities, in total close to 20 Km2 of industries with excellent connectivity and a very relevant existing 3PL and logistics providers.
Both existing manufacturers that want to transform local operations with a regional reach, and 3PL that want to benefit from its location to utilize a regional market will benefit from the bonded status.
This bonded zone will be the first of its kind to align a strong manufacturing area and broad current logistics offering source of revenue: lease of ready to use light manufacturing and warehousing buildings and lease of land for built to suit warehouses
Investment Size: Based on the investors’ plan, 53.3 – 66 million USD
Model: Pure private sector model