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King Abdullah Economic City

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Area:173 k㎡
Information:400-618-9895
Address: along the coast of the Red Sea, around 100 km north of Jeddah
Zip code: -
Industries: Digital Innovation，Finance，High-end Equipment Manufacturing，Mechanical Engineering，Services，Logistics And Storage
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Investment

Price of land:265.0 million US$/k㎡Subsidy on land: - million US$/k㎡
Environmental protection requirement:No Tax on land: - million US$/k㎡
Factory rental price range:3 ~ 9 US$/month•㎡Factory sale price range:421 ~ 602 US$/㎡
Office rental price range:14 ~ 21 US$/month•㎡Office sale price range:711 ~ 1080 US$/㎡

Intro

King Abdullah Economic City位于along the coast of the Red Sea, around 100 km north of Jeddah。

园区主导产业为Digital Innovation，Finance，High-end Equipment Manufacturing，Mechanical Engineering，Services，Logistics And Storage。

整体占地173k㎡， When completed, the Kaec seaport will be the region’s largest, with a container capacity of more than 10 million 20-foot equivalent units. Work on the port is under way, and basic infrastructure and utility works are completed. Land is now available for manufacturers to begin construction on the second and third phases of the industrial valley等一应俱全。

同时，园区周边商业环境也正在飞速建设中，KAEC is the new frontier for tourism in Saudi Arabia, an emerging destination of choice for leisure, corporate, MICE, and religious tourism in the Kingdom. expanding hospitality offering covers all asset classes and creates opportunities for investors, operators and all tourism-related businesses.。

园区本地人口约为1.535 million persons、流动人口约为 - million persons， 区内教育资源丰富，拥有King Abdullah University of Science and Technology,King Abdulaziz University，每年毕业人数为：45 thousand persons。

除了园区生活配套设施丰富之外， 园区周边交通极其方便——43.9km to FAISAL M. HIGGI.CO LTD，32.2km to Haramain Highspeed Railway Station，20.8km to King Abdullah Port，120km to King Abdulaziz International Airport。

区内厂房出售价格421-602 US$/month•㎡起， 出租价格3-9 US$/㎡起。

写字楼出售价格711-1080 US$/month•㎡起， 出租价格14-21 US$/㎡起。

King Abdullah Economic City欢迎您的入驻，如想了解更多园区详细信息，可随时致电或留言。

King Abdullah Economic City期待与您共创辉煌！

Cost

Water:1.6 US$/m³Commercial electricity tariff:0.06 US$/kWh
Heavy industry electricity tariff:0.048 US$/kWhIndustrial electricity tariff (peak):0.048 US$/kWh
Industrial electricity tariff (off-peak):0.048 US$/kWhIndustrial electricty tariff (average):0.048 US$/kWh
Natural gas:4.8 US$/m³Water treatment:0.75 US$/t.
Minimum wage:550 US$/monthOrdinary worker:845 US$/month
Land value tax: -

Facilities

Distance to freight station:43.9km to FAISAL M. HIGGI.CO LTDDistance to railway station:32.2km to Haramain Highspeed Railway Station
Distance to habor:20.8km to King Abdullah PortDistance to airport:120km to King Abdulaziz International Airport
Introduction of district:The city, along with another five economic cities, is a part of an ambitious "10x10" program to place Saudi Arabia among the world's top ten competitive investment destinations by the year 2010, planned by SAGIA. The first stage of the city is completed in 2010 and the whole city is planned to be fully completed by 2020. The city aims to diversify the nation's oil-based economy by bringing direct foreign and domestic investments. The city is also aspires to help create up to one million jobs.Upon completion, KAEC is said to be larger than Washington DC.
Roads logistics:The city is connected by Highway 60 to Yanbu and Thuwal.
Railway logistics:KAEC will be served by Al-Haramain High speed line. The construction of the station has been completed by 2018. In 25 September 2018, king Salman Bin Abdulaziz Al-Saud inaugurated the project.
Residential housing price in this city:975 US$/㎡
Support for residing in Park:When completed, the Kaec seaport will be the region’s largest, with a container capacity of more than 10 million 20-foot equivalent units. Work on the port is under way, and basic infrastructure and utility works are completed. Land is now available for manufacturers to begin construction on the second and third phases of the industrial valley
Living environment:Kaec’s residential sector is planned to contain 250,000 apartments, 24,000 villas, 120 hotels and more than 50,000 retail outlets. In 2012, Saudi Binladin Group completed the first two residential towers
Access to supermarkets:Tamimi Markets
Commerical enviornment:KAEC is the new frontier for tourism in Saudi Arabia, an emerging destination of choice for leisure, corporate, MICE, and religious tourism in the Kingdom. expanding hospitality offering covers all asset classes and creates opportunities for investors, operators and all tourism-related businesses.
Access to shopping malls:Saber,Hermei.pabunan
Access to hotels:Bay La Sun Hotel & Marina ( KAEC )
Access to leisure and entertainment:King Abdullah Sport City Stadium
Access to healthcare:Health Care Center - Sa'abar
Access to education:King Abdullah University of Science and Technology

Plan

The award winning Industrial Valley, is a manufacturing and logistics gateway serving Saudi Arabia, the GCC and the red sea market. A key regional shipping hub, the IV offer reach to 750 million consumers in the red sea region.

The Industrial Valley is home to more that 120 global, regional, and local companies who have made KAEC their location of choice for business in Saudi Arabia.

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Mecca, also spelled Makkah, is a city in the Hejazi region of Saudi Arabia. The city is located 70 km (43 mi) inland from Jeddah, in a narrow valley 277 m (909 ft) above sea level, 340 kilometres (210 mi) south of Medina, its population in 2012 was 2 million, although visitors more than triple this number every year during the Ḥajj ("Pilgrimage"), held in the twelfth Muslim lunar month of Dhūl-Ḥijjah.

 

It is the birthplace of Muhammad, a cave 3 km (2 mi) from Mecca was the site of Muhammad's first revelation of the Quran, and a pilgrimage to it, known as the Hajj, is obligatory for all able Muslims. Mecca is home to the Kaaba, one of Islam's holiest sites and the direction of Muslim prayer, and thus Mecca is regarded as the holiest city in Islam.

 

Mecca was long ruled by Muhammad's descendants, the sharifs, acting either as independent rulers or as vassals to larger polities. It was conquered by Ibn Saud in 1925, since then Mecca has seen a tremendous expansion in size and infrastructure, such as the Abraj Al Bait, also known as the Makkah Royal Clock Tower Hotel, the world's fourth tallest building and the building with the third largest amount of floor area, and lost some historical structures and archaeological sites, such as the Ajyad Fortress. Non-Muslims are prohibited from entering the city.

 

The Meccan economy has been heavily dependent on the annual pilgrimage. As one academic put it, "[Meccans] have no means of earning a living but by serving the hajjis." Income generated from the Hajj, in fact, not only powers the Meccan economy but has historically had far-reaching effects on the economy of the entire Arabian Peninsula. The income was generated in a number of ways. One method was taxing the pilgrims. Taxes especially increased during the Great Depression, and many of these taxes existed as late as 1972. Another way the Hajj generates income is through services to pilgrims. For example, the Saudi national airline, Saudia, generates 12% of its income from the pilgrimage. Fares paid by pilgrims to reach Mecca by land also generate income; as do the hotels and lodging companies that house them.

 

The city takes in more than $100 million, while the Saudi government spends about $50 million on services for the Hajj. There are some industries and factories in the city, but Mecca no longer plays a major role in Saudi Arabia's economy, which is mainly based on oil exports. The few industries operating in Mecca include textiles, furniture, and utensils. The majority of the economy is service-oriented.

 

Nevertheless, many industries have been set up in Mecca. Various types of enterprises that have existed since 1970: corrugated iron manufacturing, copper smithies, carpentry shops, upholstering establishments, vegetable oil extraction plants, sweets manufacturies, flour mills, bakeries, poultry farms, frozen food importing, photography processing, secretarial establishments, ice factories, bottling plants for soft drinks, barber shops, book shops, travel agencies and banks.

 

The city has grown substantially in the 20th and 21st centuries, as the convenience and affordability of jet travel has increased the number of pilgrims participating in the Hajj. Thousands of Saudis are employed year-round to oversee the Hajj and staff the hotels and shops that cater to pilgrims; these workers in turn have increased the demand for housing and services. The city is now ringed by freeways, and contains shopping malls and skyscrapers.

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Introduction

The award winning Industrial Valley, is a manufacturing and logistics gateway serving Saudi Arabia, the GCC and the red sea market. A key regional shipping hub, the IV offer reach to 750 million consumers in the red sea region.

The Industrial Valley is home to more that 120 global, regional, and local companies who have made KAEC their location of choice for business in Saudi Arabia.

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