Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed SR1.07 billion ($285 million) agreements to localize the food and beverage industry in the kingdom. With this the total number of F&B factories in the kingdom has risen to 1171.
RIYADH: The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, revealed that in 2022 it signed a number of agreements, worth a total value of SR1.69 billion ($285 million), the Saudi Press Agency reported. The announcement was made during the Gulfood exhibition in Dubai, where the authority outlined recent partnerships aimed at localizing the Kingdom’s