emaar, the economic city

emaar, the economic city Contact Information

Website

kaec.net

LinkedIn

linkedin.com/company/emaar-the-economic-city

Twitter

twitter.com/KAEC_Saudi

Facebook

facebook.com/KAEC.Saudi

# Employees

201-500

Founded

2006

# LinkedIn Followers

112740

Description

EMAAAR, The Economic City Company, is a Saudi Arabian real estate development company that is known for its ambitious and innovative projects. Established in 2006, EMAAAR aims to contribute to the economic diversification of Saudi Arabia by creating sustainable and vibrant cities that attract both local and international investments. One of the most notable projects undertaken by EMAAAR is the King Abdullah Economic City (KAEC), located on the Red Sea coast. Spanning over 181 square kilometers, KAEC is designed to be a fully integrated city that offers a wide range of residential, commercial, industrial, and recreational facilities. The city is strategically positioned near major shipping routes, making it an ideal hub for trade and logistics. KAEC is divided into several districts, each catering to different needs and industries. The Industrial Valley, for instance, is a dedicated area for manufacturing and industrial activities. It offers state-of-the-art infrastructure, including specialized zones for various sectors such as automotive, pharmaceuticals, and food processing. This has attracted numerous local and international companies to set up their operations in KAEC, contributing to job creation and economic growth. In addition to the Industrial Valley, KAEC also features a Residential Valley that offers a variety of housing options, ranging from luxurious villas to affordable apartments. The city is designed to accommodate a population of over 2 million people, with a focus on providing a high quality of life through well-planned neighborhoods, green spaces, and modern amenities. The aim is to attract both Saudi nationals and expatriates to live and work in KAEC, thereby reducing the country's dependence on oil revenues. Furthermore, KAEC includes a Commercial Valley that serves as a business hub, offering office spaces, retail outlets, and commercial centers. This district aims to attract local and international companies, providing them with a conducive environment for growth and expansion. The city also boasts a world-class seaport, King Abdullah Port, which is one of the largest and most advanced ports in the region. This port plays a crucial role in facilitating international trade and attracting investments. EMAAAR's commitment to sustainability is evident in its development of KAEC. The city incorporates eco-friendly practices, such as the use of renewable energy sources, efficient waste management systems, and green building designs. KAEC has also implemented smart city technologies, including advanced infrastructure for telecommunications and transportation, to enhance the quality of life for its residents and businesses. In conclusion, EMAAAR, The Economic City Company, is a Saudi Arabian real estate development company that is spearheading the creation of the King Abdullah Economic City. Through this ambitious project, EMAAAR aims to contribute to the economic diversification of Saudi Arabia by attracting local and international investments, creating job opportunities, and promoting sustainable development. With its innovative approach and commitment to excellence, EMAAAR is playing a significant role in shaping the future of Saudi Arabia's economy.

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