Real estate for industrial usage is available at different industrial cities around the kingdom at competitive lease costs. Saudi Arabia currently has in total more than 40 industrial and economic cities managed by the Saudi Industrial Property Authority (MODON), the Royal Commission for Jubail and Yanbu (RCJY) and by The Economic Cities Authority (ECA). In addition, private industrial cities offer further options in different locations. The Industrial and Economic Cities offer to their tenants significant advantages in terms of cost efficiency, infrastructure and services through their integrated business models, and constitute a major part of the Saudi Arabia Government’s efforts to encourage the diversification of the Saudi economy.
Logistics & Accessibility to Saudi Arabia:
Seaports
Saudi Arabia has the largest marine network in the Middle East, consisting of ten ports (six of which are container ports):
All ports are managed, operated and maintained by private sector companies under long term contracts. As part of Saudi Arabia’s export development initiatives, it makes exemption of export goods from storage fees for 10 days and 50 percent reduction in port fees on all exports.