Modon, a leading Saudi Industrial Property Authority has informed that it has inked a memorandum of understanding with Saudi Post with the aim to develop services in the new industrial cities that are being set up.

The sources said that the agreement is aimed at establishing a strategic relationship for mutual co-operation for the benefit of the growth and development of the industrial and technological sector.

The sources further added that the two organisations agreed to apply a labeling system in the existing industrial cities supervised and maintained by Modon and to begin creation of addresses for the new industrial cities in accordance with Modon proposals. The two will create a Geographic Information System in the industrial cities. Modon will allocate sites for the post offices and distribution points in the cities.

(via TopNews Arab Emirates. Contributed by Sadik Al Rumaithi)