Prince Faisal bin Nawaf Witnesses Signing of 4 Contracts to Localize Industries in Al-Jouf Region

  • 2/5/2023
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Skaka, Saudi Arabia, Nov. 23, 2021, SPA -- Prince Faisal bin Nawaf bin Abdulaziz, Governor of Al-Jouf Region, witnessed today the signing of four contracts to localize industries in the region, as part of the Investment Opportunities Forum organized by the Principality of Al-Jouf Region in cooperation with the Saudi Authority for Industrial Cities and Technology Zones "Modon", in the presence of Modon's CEO Eng. Khalid bin Mohammed Al-Salem, with the participation of 400 businessmen and women. The Governor of Al-Jouf Region stressed that the region is rich in qualitative investment opportunities that, through its logistical location, contribute to accelerating the movement of trade, citing its economic impact between the Kingdom of Saudi Arabia and its neighbors, and achieving the objectives of the Saudi Vision 2030, indicating that the signing of contracts will contribute to the advancement of the industrial sector in the region. For his part, the CEO of Modon praised Prince Faisal's patronage for the forum, stressing his keenness to overcome challenges in order to localize private sector investments in the region, adding that the forum witnessed the signing of four investment contracts to localize many industries in Modon Oasis in Al-Jouf, with a total cost of more than SAR 15 million. --SPA 19:41 LOCAL TIME 16:41 GMT 0024 www.spa.gov.sa/w1655333

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