Kaec Factsheet 2015 - English Version

7/21/2019 Kaec Factsheet 2015 - English Version

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KAEC FACT SHEET

About King Abdullah Economic City (KAEC):

King Abdullah Economic City is realizing its vision to become a great enabler of socio-

economic development in the Kingdom of Saudi Arabia. It provides investors from all over

the world with uniue business opportunities while wor!ing towards securing the future of

Saudi Arabia"s youth by creating new s!illed #ob opportunities and total housing solutions.

Strategically located for ma$imum impact% KAEC is destined to become one of the most

important cities in the &iddle East region serving global trade. KAEC strengths and the

uniue business environment represent the future ambition of the whole of Saudi Arabia.

King Abdullah Economic City is a prime e$ample of the country"s commitment to private-

public partnership development. 'he city covers ()( million suare meters of land and is

being developed into a fully integrated city. It consists of the Industrial *alley% King Abdullah

+ort% the Coastal Communities% the ,e#az gate and ,aramain ailway Station.

Economic Cities Authority (ECA):KAEC is governed by a single regulator - the Economic Cities Authority ECA/. 0ith a wide

and comprehensive spectrum of incentives for investors and residents ali!e% ECA offers pro-

business regulations including1 (223 foreign ownership for individuals and organizations%

seaport regulations% and ease of access for permits and licenses related to residing% wor!ing%

operating businesses and owning and managing properties.

KAEC Key Areas:

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1. The Coastal Communities:

4'otal living solutions5

'he Coastal Communities are a brand new collection of premium developments within thecity all within reach of the ed Sea that have been precision-crafted by world-class planners

and developers. KAEC has wide variety of housing and living solutions to meet the price

point and lifestyle needs of a diverse residential population.

'hroughout the Coastal Communities there are plans for many state-of-the-art recreation

and wellness centers designed to promote the health and well-being for KAEC residents and

visitors ali!e.

Al uroo! " An Elite# $reen %etreat by the Sea:

Al &uroo# is the most e$clusive neighborhood in King Abdullah Economic City% A new

elite community on the shores of the ed Sea. 6estled alongside a world-class ()-hole

golf course% this prestigious beach community represents an opportunity to live in a

beautiful% fully-serviced environment with uniue access to the spectacular beaches

along the shoreline of the ed Sea.

Al &uroo# comprises of 7%882 plots and villas% separated into communities that each

offers their own uniue benefits to suit different lifestyle needs. Each community offers a

range of plots for residential villas to be custom-built according to individual tastes% or

from an e$clusive range of original designs inspired by classic Spanish and Arabic

architecture.

&ay 'a Sun " rban 'iing:

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9ay :a Sun ;istrict is a mi$ed-use development with residential% commercial and retail

offerings and has the lu$ury of being sea facing with e$uisite views across the ed Sea

and &arina.

9ay :a Sun ;istrict includes the esidential 'owers 9each and &arina <acing/% 'he 9ay

:a Sun 9usiness +ar!% 'he &arina Canal +romenade with planned provisions for

berthing facilities for yachts and pleasure crafts% 'he 9ay :a Sun ,otel = &arina% 'he

9ay :a Sun etail +romenade with restaurants and cafes as well as essential retail

shops such as pharmacy and supermar!ets.

Al Talah $ardens " A *er+ect *lace to $ro,:

Al 'alah >ardens designed for young family-friendly living. It is spread over 8 million sm

and offers ?%@22 housing units and land plots. 9eautifully landscaped to offer an

environment with recreational spaces for #ogging% and other sporting activities

Al -aha " Contemorary 'iing:

Al 0aha community offers dwelling units with a variety of choices between Apartments%

+aired ,ome% 'own ,omes% = *illas. Al 0aha ;istricts are designed to comprise several

villages organized around open space corridors% roadways% landscaping and activity

centers with aesthetic treatments providing places to shop% dine% play% pray% socialize%

rela$% and learn. Each *illage in Al 0aha is distinguished with a neighborhood

community center. 'he amenities included are mosues% par!s% schools% offices% and

places to shop and dine.

Al Shuroo/ 0 e, &eginnings:

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Al Shuroo is a modern housing community of multifamily apartments set within easy

reach of Industrial *alley% King Abdullah +ort and the spectacular beaches of King

Abdullah Economic City.

'abor 2illage

:ocated in the heart of the industrial zone to enable easy access and transportation for

wor!ers% the :abor *illage occupies )%222 sm of land. Consisting of @%222 bed spaces%

the :abor *illage includes senior% #unior and regular labor buildings% sport courts%

community buildings and a mosue.

In addition% there are other new districts under development to be launched soon in the

mar!et. All districts en#oy world class infrastructure and leading edge amenities% which

includes storm drainage networ!% sewage systems% water and power networ!s%

telecommunications and Internet connections% paved roads% street lighting and

landscaping as well as safety and security systems.

3" The He!a4 gate and Haramain %ail,ay Station:

• An e$ecutive business% retail and residential area built around the ,aramain ail

Station.

•

It will become a stopping point for millions of pilgrims annually% a natural destinationfor conferences and e$hibitions and home to malls and outlets. Corporate

headuarters% colleges% vocational places of learning and specialized medical

centers will occupy this uniuely accessible area.

Haramain %ail,ay:

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• KAEC will be one of four stops on the @2K& ,aramain ,igh Speed ail networ!

and will dramatically reduce the travel time between cities to service the regions" ).@

million people.• 'he state of the art% high-speed rail networ! will lin! the city to Beddah% &a!!ah and

&edina.

• ,aramain ailway is 7 mins from Beddah Airport station

• ,aramain ailway is 8? mins from Beddah C9; station

• ,aramain ailway is @ mins from &a!!ah station

• ,aramain ailway is @ mins from &adinah station

5" 6ndustrial 2alley (62)1

•'he Industrial *alley covers an area of @@ million suare meters and is destined tobe the new logistics = manufacturing hub in the region

• 'he I* has succeeded in attracting more than (22 national and international

industrial companies% some of which (2 are already in operation and 7 others are

under construction. 'o name a few1 &ars Saudi ArabiaD the largest chocolate

factories in the world% +fizer Saudi Arabia and Sanofi AventisD the world

pharmaceutical giants% 'amer >roupD a leading Saudi company specializing in

healthcare% 'otalD one of the world"s largest lubricants companies% Saudi Airlines

Catering and Saudi Smart 'echnology ,ub% +etra Engineering Industries and Al-Salem Bohnson ControlsD two leading manufacturers of air conditioning and

refrigeration% Almarai% and +anda% along with Abdul :atif Bameel >roup and many

others. All of which have the advantage of the city"s pro$imity to King Abdullah +ort

KA+/ which has started operation during ( 72( % with a capacity to receive (.8

million containers per year..

• 'he I* is connected to King Abdullah +ort% the ,aramain ,igh-Speed ail networ!

and the planned Saudi :and 9ridge and therefore Industrial *alley offers first class

infrastructure enabling a more efficient all round logistics and distribution networ!to the largest mar!et in the region and beyond

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• 'he Industrial *alley focuses on @ industrial clusters1 <&C>Ffoods% pharmaceuticals%

logistics% plastics and building materials.

• 'he Industrial *alley provides ready industrial lands connected to a state-of-the art

infrastructure with different shapes designed based on client"s reuirements.o Gtilities H industrial lands are serviced with electricity reuirements% potable

water% sewage treatment and natural gas in selected location.o 'elecommunications H the entire city is connected through fiber optic networ!

to meet the demanding needs of modern technologies and swift data transfer

reuirements

• At the I*% investors have the choice between freehold or leasehold schemes

depending on their reuirements

• +hase ( of the I* covers 8.@ million sm on lease basis only

• +hase 7 of the I* has been launched for leasehold or freehold covering 72 million

sm and home to certain dedicated zones such as1o >AS J6E% the gas zone will be developed to supply natural gas for investors

of specific industrieso 'EC,6J:J> +AK% a uniue district in the city which focuses on the future%

providing an ideal infrastructure and environment for wor! and innovation. 'he

'echnology +ar! is master planned to host tier 7 plus datacenters.

• 'he e-e$port one is directly ad#acent and connected to the port% a dedicated area

for specialized value-added manufacturing and logistics operations where tenantswill benefit from a special customs regulatory framewor!

• 'he 'op @ reasons why business leaders choose the Industrial *alley1

(. +rime location7. Single regulator8. 9road connectivity. ;iverse land solutions@. <ully integrated city

7" King Abdullah *ort (KA*):

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• KA+ e$tends over a total area of ( million sm.

• KA+ began partial operations in 72(8 with the arrival of the first commercial ship on

the 7)th of September.

• KA+ has effectively started import and e$port operations on Banuary% 72(% and

euipped to receive the new supersize container ships.

• King Abdullah +ort% one of the world"s (2 largest ports which gives an access to 7@2

million consumers in the Arab world and East Africa.

• KA+ has () meters deep-water berth capable of handling the largest cargo vessels

in the world.

• 'he Saudi Coast >uard% Saudi Customs% Saudi <ood and ;rug Administration with

its labs and sampling facilities and other relevant >overnment Agencies are all dulyestablished inside the +ort.

• KA+ is a !ey part of KAEC"s integrated multi-model transportation system that

includes the planned Saudi :and 9ridge rail pro#ect% the high speed ,aramain

railway% and highways

• King Abdullah +ort"s uniuely developed master plan will incorporate over 82 deep-

water berths that can accommodate Lmega" vessels% with a capacity of 72 million

'EG at completion.

• It also boasts the world"s largest and most advanced cranes and multi-purpose

terminals for JFJ% bul! and general cargo.

• 'o deliver ma$imum efficiency% King Abdullah +ort has created the +ort Community

System which cuts down on paperwor!% saves time and provides real time

information throughout the entire process guaranteeing transparent% fast clearance

times.

KAEC is a lace o+..

-ellbeing

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+eople living and wor!ing in KAEC have access to 7-hour healthcare facilities with a

full range of medical amenities and pharmaceutical reuirements% supported by

medical ta$is and an ambulance service operated by ;r. Soliman <a!eeh ,ospital.• <amily care1 delivered by 9oard certified <amily &edicine +hysicians% focusing on

family healthcare needs

• Grgent care1 to manage minor emergencies arising from the community or the

Industrial valley and provide stabilization to ma#or emergencies

• Ambulance services1 to respond to KAEC emergencies and transport stabilized

medical emergencies to hospitals in abigh and Beddah

• School health1 providing periodic e$aminations and health promotion advice.

• ,ealth screening1 for all age groups as part of the family care concept.

• *accinations1 to all age groups% especially seasonal reuirements.

• 6ew town center polyclinic is still under the design phase.

'earning

Education is the cornerstone of KAEC"s future% starting with 'he 0orld Academy.

Each district will have its own school designed to engage students in education for

life% and built upon the highest standards of an international curriculum.

The -orld Academy:

• 'he 0orld Academy is part of the >E&S Education 6etwor! which has been in the

education sector for over @2 years and has a global networ! of award winning

schools.• 'he >E&S networ! of schools provides high uality and values based education to

over (22%222 students from (2 countries. It employs over (2%222 education

professionals% specialists and staff from around the world.

• 'he 0orld Academy in KAEC is operational since September 72(7 and now housing

over 7 students.

*eace o+ mind

KAEC security provides protection and safety for residents and wor!ers around the cloc!.

0ith fully-trained teams in place% KAEC is a peaceful and safe city.

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$ood serice

property and facility services at KAEC offera complete management service to ensure your

business and residential needs are met.

'eisure

KAEC offers something for everyone from the stunning% naturally preserved coastline% lush

green par!s and communal wal!ways to the urban buzz of restaurants% cafMs% pharmacies%

hotels% shopping and leisure facilities.

&ay 'a Sun Hotel and arina

Is the first premium -star city hotel within King Abdullah Economic City% it features (N@

rooms% a conference hall% meetings hall% restaurants% shops and a marina. 9ay :a Sun

,otel redefines the standards for four-star service% style and comfort in the Kingdom

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Documents

Kaec Factsheet 2015 - English Version