Published On:August 13 2014
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KSA to build second women's industrial city.
Saleh Al-Rasheed, director-general of the Saudi Industrial Property Authority (Modon) at the ministry, said the project will span an area of 300mn m² and should be operational by the end of next year, according to Arab News.
'[The] second industrial city will be completed by the third quarter of 2015,' he said.
The city will mostly cater to manufacturing industries but should be able to accommodate all types of heavy industries.
Arab News has also learned that the first women's industrial city is expected to cost $29.6mn (SAR 111mn) and will span an area of 500,000m².
Located east of Al-Ahsa International Airport, the first city will be divided into three sections: a commercial section, which will span 140,000m², an industrial section to be built on an area of 170,000m², and a services area which will span 120,000m².
The new city aims to attract and accommodate industrial projects pioneered by women, making it the first industrial city in Saudi Arabia to accommodate women’s businesses exclusively.