Riyadh - Sharikat Mubasher: The Saudi Authority for Industrial Cities and Technology Zones (Modon) signed an agreement to grant the final operating certificate for Kaden’s logistics complex in Riyadh, The Logistics Park.

In a statement, Modon revealed that the agreement was signed between Majed Al-Argoubi, CEO of Modon, and Abdullah Alfassam, CEO of Kaden.

The Logistics Park is established over an area exceeding 400,000 square meters with investments worth around SAR 2 billion.

It aims to enhance the ongoing growth of business sectors, notably e-commerce and logistics services, as it features unparalleled warehouse solutions with fully integrated technical services.

Kaden is a Saudi real estate development company that has a fast-growing track record of success in real estate development and asset management since 2015. It creates future-oriented commercial, industrial, and mixed-use environments that prioritize service, experience, and integrity above all else first and foremost.