The Saudi Industrial Property Authority (Modon), the government agency which oversees the development of industrial cities in Saudi Arabia, recently signed two agreements with Saudi Electricity Company (SEC) to provide electricity for the industrial cities in Sudair and Dammam. Under the agreement, SEC will be responsible for constructing power plants, substations, and transmission lines to power the new cities. The first phase of the contract is expected to be completed by the end of 2010. Director General of Modon Dr. Tawfig Bin Fawzan Alrabiah and Eng. Ali Bin Saleh Al-Barrak, CEO of Saudi Electricity Company have signed the agreements. The estimated value of the projects is SR619 million. The two agreements between Modon and the Saudi Electricity Company (SEC) included an agreement for the establishment of the necessary equipment for the conduction of electrical service to the industrial cities in the Kingdom and one for the conduction of electricity current to industrial cities in both Sudair and Dammam. The establishment of the necessary equipment for the conduction of electrical service to the industrial cities in the Kingdom at an estimated cost of SR300 million. The project includes the establishment of distribution networks of medium voltage (13,8 K.V, 33 K.V or 34.5 K.V) through supplying and extending the medium voltage cables in front of all the land plots approved by Modon in different industrial cities in the Kingdom and the installation of the necessary distribution stations for supplying the administrative plants in these industrial cities. The second agreement involves the conduction of electricity to the second part of the phase 1 of the industrial city in Sudair with a total capacity of 120 M.V. and at a total cost of SR164 million. Dr. Alrabiah announced that the industrial cities are experiencing many development projects in infrastructure, facilities and services such as power plants, highways and internal roads, lighting of roads, water networks and sewage and industrial treatment plants, high-speed communications networks (Smart City services), landscaping and other projects. Alrabiah said Modon welcomes investors to invest in the mentioned areas, whether their investments are industrial, service, commercial or residential. Modon currently oversees 14 existing industrial cities in different regions of Saudi Arabia (Riyadh, Jeddah, Dammam, Makkah, Qassim, Ahsa, Madina, Assir, Al-Jouf, Tabuk, Hail and Najran). Another five cities being established are in addition to these cities such as, Sudair City for industry and business, Al-Kharj industrial city, Jeddah 2nd Industrial City , Ar'ar industrial city and Jazan industrial city. Furthermore, under planning phase are areas in Dammam, Al-Ahsa, Duba, Zulfi, Taif, Gurayaat, and Al-Baha. The industrial investments in the existing industrial cities exceed SR200 billion.