At any time during 2026, Saudi Arabia’s “Aircraft Village” is expected to spread its wings and soar high into the horizons of remarkable economic success. The Saudi Authority for Industrial Cities and Technology Zones (MODON) announced on September 25, 2025, the opening of the aviation industries complex on a 1.2 million square meter area in Jeddah, to enable aviation industry supply chains and localize advanced technology in this field. The Saudi Public Investment Fund hopes to establish a massive, pioneering entity for aircraft maintenance and repair in the Kingdom of Saudi Arabia. The investment in this entity will include the entire aviation system and its various divisions, particularly the investment fund’s subsidiary “Avelis” for managing leased aircraft fleets, which currently serves more than 42 customers inside and outside Saudi Arabia, oversees at least 200 aircraft, and has assets worth 28 billion riyals. It also includes a helicopter company that owns more than 60 helicopters.

The primary goal of Saudi investment in aviation is to localize expertise, attract local companies to invest in these areas, and accelerate the growth of the Saudi aviation sector in line with Vision 2030 plans.

The “Aircraft Village” project includes a center operating with the latest advanced technology for jet engines, which will improve the efficiency of Saudi engineering in the aerial field for maintaining jet engines for modern-generation wide-body and narrow-body aircraft. The aircraft maintenance and repair village in Jeddah is operating well. The completion of the remaining work is expected by next year.

Aircraft Village

“Aircraft Village” is a nickname for the village of **Kandawgyi in Myanmar (Burma)**, known for its unique landscape dotted with the fuselages of decommissioned aircraft used as homes and structures. This unusual settlement emerged in the late 1990s and early 2000s, primarily utilizing retired Fokker F-27 planes from Myanmar Airways, as local residents repurposed them for affordable housing and small businesses. It stands as a striking example of grassroots innovation and adaptation in the face of economic hardship.

Saudi Authority for Industrial Cities and Technology Zones (MODON)

The Saudi Authority for Industrial Cities and Technology Zones, known as MODON, was established in 2001 to develop, manage, and promote industrial cities across Saudi Arabia. It plays a key role in the Kingdom’s economic diversification efforts, providing integrated infrastructure and services to attract local and international industrial investments.

Jeddah

Jeddah is a major port city on Saudi Arabia’s Red Sea coast, historically serving as the gateway for Muslim pilgrims traveling to the holy city of Mecca. Its historic core, Al-Balad, is a UNESCO World Heritage site famed for its traditional coral-stone houses and ornate wooden balconies (rawashin), reflecting centuries of trade and cultural exchange.

Saudi Public Investment Fund

The Saudi Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia, established by royal decree in 1971 to drive the country’s economic development. Historically focused on domestic investments, it has transformed since 2015 into a global investment powerhouse and the central engine of Saudi Vision 2030, leading mega-projects like NEOM and diversifying the kingdom’s economy away from oil dependence.

Avelis

I’m unable to find any specific, verifiable information about a notable place or cultural site named “Avelis.” It’s possible the name is misspelled, refers to a very localized or private location, or is from a fictional work.

If you have more context—such as a country, region, or alternate spelling—please provide it, and I’ll be happy to try again.

Vision 2030

“Vision 2030” is not a specific physical place or cultural site, but rather Saudi Arabia’s strategic national framework for comprehensive economic and social development. Launched in 2016 under Crown Prince Mohammed bin Salman, its history is rooted in the goal of diversifying the nation’s economy away from oil dependency and modernizing its society. The plan has spurred massive projects like the futuristic city NEOM and cultural initiatives, aiming to transform the country’s global role by the target year of 2030.