> Economic City world's largestin Saudi Arabia
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King Abdullah Economic City (KAEC) is the single largest private sector project in the region developed by Emaar,
The Economic City.
.It is expected to usher in a new era of economic prosperity for Saudi Arabia and has the potential to create one million jobs
.and be home to two million residents.
KAEC will have six major components -- the Port, Industrial District,
.Central Business District (including commercial, mixed-use,retail and financial island), Resort, Educational Zone and Residential (including Corniche and souks
.The Industrial ZoneThe Industrial Zone will cover 40 million sq m and will be dedicated to industrial and light-manufacturing facilities, identified as key growth drivers for the Saudi economy, and can host 2,700 industrial tenants. The Industrial District will have specific initiatives to encourage local entrepreneurs through incubator-like modules. International experts have been consulted to ensure that the Industrial Zone development is in line with best environmental practices.The Central Business District (CBD)..The Central Business District (CBD) will offer 3.8 million sq m of office space, hotels and mixed-use commercial space. The Financial District, within the CBD, covers 14 hectares of land, which will be the largest regional financial nerve center for the world’s leading banks, investment houses and insurance groups.
.
King Abdullah Economic City (KAEC) is the single largest private sector project in the region developed by Emaar,
The Economic City.
.It is expected to usher in a new era of economic prosperity for Saudi Arabia and has the potential to create one million jobs
.and be home to two million residents.
KAEC will have six major components -- the Port, Industrial District,
.Central Business District (including commercial, mixed-use,retail and financial island), Resort, Educational Zone and Residential (including Corniche and souks
.The Industrial ZoneThe Industrial Zone will cover 40 million sq m and will be dedicated to industrial and light-manufacturing facilities, identified as key growth drivers for the Saudi economy, and can host 2,700 industrial tenants. The Industrial District will have specific initiatives to encourage local entrepreneurs through incubator-like modules. International experts have been consulted to ensure that the Industrial Zone development is in line with best environmental practices.The Central Business District (CBD)..The Central Business District (CBD) will offer 3.8 million sq m of office space, hotels and mixed-use commercial space. The Financial District, within the CBD, covers 14 hectares of land, which will be the largest regional financial nerve center for the world’s leading banks, investment houses and insurance groups.
