Modon Signs Partnership Agreement to Establish, Develop, Operate 14 Warehouses in Jeddah

Thursday 1444/7/11 - 2023/02/02
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Jeddah, February 2, 2023, SPA -- The Saudi Authority for Industrial Cities and Technology Zones (Modon) yesterday signed a partnership agreement to establish, develop and operate 14 warehouses with flexible areas in Jeddah 1st Industrial City, based on smart, automated systems to provide quick and temporary logistical solutions to support industrialists and entrepreneurs, and stimulate investment in the retail sector.
According to Modon, the project involves the construction of fully digital and automated warehouses that do not need human intervention, using the latest technology and equipment that provides access to storage units via a smartphone app (smart door locks). It also said that the project offers the best-in-class 24/7 customer service system that provides immediate and thorough support.
The warehouses will be operated based on the public-private sector partnership (PPP) model, which is bound to enhance quality standards and operational efficiency of services and products, and stimulate investment in industrial cities.
13:35 LOCAL TIME 10:35 GMT