Yanbu Chamber Holds Meeting with Chinese Investors

The Chamber of Commerce in Yanbu recently held a meeting that brought together the Director of the Saudi Authority for Industrial Cities and Technology Zones (MODON) in the Madinah Region, Eng. Khaled Al-Amoudi, the chamber’s chairman, Ahmed bin Salem Al-Shagdali, and several Chinese investors.

 During the meeting, Al-Shagdali highlighted the competitive advantages of Yanbu Governorate, particularly in the industrial sector, and Yanbu’s strategic location on the Red Sea coast with two of the Kingdom’s most important ports.

 He discussed Yanbu’s integrated economic development environment that attracts various investments and introduced Yanbu Oasis, affiliated with the MODON Authority. Al-Shagdali also promoted the investment opportunities that Yanbu Oasis provides to local and international investors.

 Eng. Al-Amoudi talked about the features of Modon Oasis in Yanbu, including its advanced capabilities and the services and facilities it provides to industrial investors. He explained that the oasis is located east of Yanbu and covers an area of 500,000 square meters, with integrated services and infrastructure for industrial use that serve investors and workers.

 Al-Amoudi also noted that the oasis contains ready-made factories that contribute to the success of investments.