Development Of A Bonded Zone In Dammam 2nd IC

Overview

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
Location: Dammam
Timeline: Immediate

Investment Model

Model: Pure private sector model