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Press Dossier    By Date   22/02/2025 Modon seeks bids for Dammam logistics zone development

Arab News

Trade Arabia, Saturday, Feb 22, 2025 | Shaban 23, 1446

Modon seeks bids for Dammam logistics zone development

Saudi Arabia: Saudi Authority for Industrial Cities and Technology Zones (Modon), in collaboration with the National Center for Privatization & PPP (NCP), has announced the launch of the Expressions of Interest (EOIs) for the Logistics Zone Development in Dammam 2nd Industrial City.

Spanning approximately 850,000 sq m area, the project is strategically located within Dammam 2nd Industrial City and will serve as a key enabler for trade, cross-border connectivity, and industrial expansion.

The development will include modern logistics facilities, warehousing solutions, and operate and maintain the infrastructure, ensuring seamless integration with both existing and future industrial activities. The site will comprise, among other components, a gated public area, a non-gated public area, leasable spaces, and a dedicated utilities infrastructure area.

This project, a Public-Private Partnership (PPP), will be implemented on a Design-Build-Finance-Operate–Maintain-Transfer (DBFOMT) contract with a period of 30 years.

Modon said the Logistics Zone Development Project aims to enhance the kingdom’s logistics infrastructure to support Saudi Arabia’s vision of becoming a global logistics hub.

As part of the project scope, the private sector partner will be responsible for securing finance, designing and constructing leasable areas, and maintaining infrastructure, managing operations and maintenance, and commercializing the project through tenant attraction, leasing, and revenue generation, it stated.

This project aligns with Saudi Arabia’s Vision 2030 by fostering private sector participation, driving economic diversification, and strengthening the country’s logistics ecosystem, it added.

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