In order to diversify its economy, Saudi government has given industrial sector great importance that has contributed to the prosperity of the industrial sector, where the manufacturing sector in the Kingdom has witnessed a steady development during the last period, with increased gross domestic production of the manufacturing industries from 15 billion riyals in 1975 to more than 100 billion riyals at the end of 2011, also the manufacturing industry sector’s growth ratio kept increasing through all that time, where it has reached 6% annual rate, this ratio is among the highest in the industrial sectors.

  The Saudi Industrial Property Authority (Modon) was established in 2001, as an independent body to oversee the establishment and management of the industrial cities, as well as operating, maintain and developing in collaboration with the private sector and from self-financing.

  Through the past three decades, the industrial base in the Kingdom has seen significant expansion, with the number of operating plants significantly increasing over these years and in massive investments. This development came as an inevitable and expected result to the care provided by the government to this vital sector through their industrial loans.