MODON offers $3.7m investment opportunity to develop 15 factories in Tabuk

TABUK: The Saudi Authority for Industrial Cities and Technology Zones, or MODON, has announced an investment opportunity worth more than SR14 million ($3.7 million) to develop and operate 15 ready-built factories in Tabuk Industrial City. The project will cover a total area of 15,000 sq. meters and is expected to target an internal rate of return of 10 percent or higher, the Saudi Press Agency reported. The opportunity comes amid growing demand for ready-built factories in Tabuk Industrial Cit

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