THE RIYADH METRO
Riyadh metro is a rapid transit system under construction in Riyadh, Saudi Arabia. The metro is a part of the Riyadh Public Transport Project (RPTP).
The RPTP will be the largest public transport project, which comprises construction of a metro, a bus system and other transport services in Riyadh.
Construction of the Riyadh metro started in April 2014 and is expected to be completed by 2018.
The metro project will be owned and operated by the Arriyadh Development Authority (ADA). The project will have an execution period of five years and an optional maintenance service period for the next ten years. It is expected to create about 15,000 jobs in Saudi Arabia.
The World’s Most Luxurious Rail Station in Saudi Arabia
The Haramain High Speed Railway project links the holy cities of Makkah and Madinah via Jeddah and King Abdullah Economic City. A passenger station is currently being constructed in each of these cities. The four stations are designed on the principles of a modular approach to enable speedy delivery of high quality buildings and simultaneously enhance the passenger experience.
Makkah & Madinah stations are based on the principles of the terminus station; whereas Jeddah & KAEC are based on the principles of the through station. Each station contains, in addition to the main building, arrival and departure concourses, a mosque, civil defense fire station, helipad, terminals, short and long term car parking, lounges for VIPs, shops, restaurants and cafes. The stations have been linked with the public transport system and provided with pedestrian corridors for the light train stations intended to be implemented in these cities.
KSA2020 – “Expatriates Haven in the World”
By: Bong Amora (published: 9-8-2009)
Newly arrived expatriate workers in various nationalities usually commented “Saudi Arabia is a boring country”. For the fact that there are no movie houses, bars, disco houses, alcoholic beverages; parties and strictly prohibits an unrelated man and woman in an embarrassing situation together. To sum it all, the strict laws and forms of punishment in Saudi Arabia is very different from other countries even to those nations who embraced Islamic faith.
On the contrary, when expatriates get along with the Saudi laws, culture and traditions and get to know the Muslims way of life which is the – Islamic faith, then they will surely keep coming back to this country as much as they can. A cultural difference is not a big hindrance to live in this country.
A western female in an online forum expat exchange commented “I am interested in moving to Saudi Arabia, not so much for the money, but because the culture and the people fascinate me. I don’t want to go all the way there and then only have expat friends (though I will need them as well). What I want to know is if it is possible for an expat (particularly a single western female) to have friendships with Saudi women: to visit in their homes, and offer hospitality in my home.” In fact, there are many western nationalities who have already adopted the Saudi way of life.
And I’m pretty sure many of them and other nationalities would love this country in the next decades to come, surely in 2020. Considering the record phenomenal growth rates of the Kingdom’s Domestic tourism today and the coming years to come. According to a recent report by the Saudi Arabian Monetary Agency (SAMA), total income from domestic tourism in Saudi Arabia is forecasted to reach SR73.3bn in 2010 and SR101.3bn in 2020.
The Medina Chamber of Commerce also expects growing investments in real estate projects in Saudi Arabia to the year 2020.
“In spite of international markets reeling from the financial crisis, development and investment in Saudi Arabia’s real estate sector is expected to remain strong,” says one of the kingdom’s leading business figures Dr. Abdullah M. Bin Mahfouz, Vice Chairman of the Jeddah Chamber of Commerce and Industry.
Since 2005 thousands of jobs are already in construction sectors. In that workforce, a variety of jobs that need task identity is intended to thousands of expatriates from various nationalities. Saudi Arabia can now be called then the “Expatriates Haven in the World”.
It also expected huge increase in the number of tourists visiting the Kingdom by 2020, adding the tourism sector would gradually reduce Saudi Arabia’s dependence on oil revenue. It will expand the tourism sector and will provide 900,000 new jobs for young Saudi men and women by 2020, according to a paper presented at the Saudi Travel and Tourism Investment Market held in Riyadh.
To prove the above expectations, on-going major developments in the real estate markets are as follows:
|KAEC||Rabigh, Jeddah||168 Million||2016||100|
|King Abdullah||Sq. M.|
|PABMEC||Hail, Riyadh||156 Million||2018||30|
|Prince Abdulaziz bin||Sq. M.|
|Mousad Economic City|
|KEC||Holy City, Medina||48 Million||2014||25|
|Knowledge Economic||Sq. M.|
|JEC||Jizan, Jeddah||100 Million||2011||102|
|Jazan Economic City||Sq. M.|
A: KING ABDULLAH ECONOMIC CITY (KAEC)
The city, along with other five economic cities, is a part of an ambitious “10×10″ 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 planned to be completed in 2010, while the whole city is going to be fully completed by 2020. The city will help diversify the oil-based economy of the Kingdom by bringing direct foreign and domestic investments. The city also will help create up to one million jobs for the youthful population of the country, where 40% of the population are under 15.
To become the single greatest enabler of social and economical growth for the Kingdom of Saudi Arabia”. This is the vision that drives the development of KAEC as the destination of choice for all who want to invest, work and live, in and around the Kingdom of Saudi Arabia. The sustainability of the city is based on a concrete plan of actions with the required proof points to aid and maintain credibility.The city’s vision will deliver state-of-the-art infrastructure and processes that will redefine and showcase new standards around the globe. Seamless integration of this infrastructure and advanced technology with business and public services will create a community that is totally self-supporting and accessible to all. KAEC as a city has a unique proposition for residents and investors, based on a number of natural and planned advantages.
This massive city of steel at the edge of the Red Sea will take its place as a cog of globalization: plastics produced here will be used to make televisions in Japan, cellphones in China and thousands of other products to be sold in the United States and Europe.
The city is divided into six main components: Industrial Zone, Sea Port, Residential Areas, Sea Resort, Educational Zone, and a Central Business District which includes the Financial Island.
1) Industrial Zone – The Industrial Zone is estimated to cover 63 million m². The 4,400 hectares of land will be dedicated to industrial and light manufacturing facilities – identified as key growth drivers for the Saudi economy – and can now host 2,700 industrial tenants. The jobs created estimated to be in industrial and light industries (330,000); research and development (150,000); business and office (200,000); services (115,000); hospitality (60,000) and education and community services (145,000). One major focus of the manufacturing sector is the ‘Plastics Valley’ output to service food packaging and storage, medical devices and products, sports safety, home construction, automotives etc. Another area is the downstream processing of petrochemical products and crude oil derivatives, sourced from the country’s oil industry. Equally efficient and state-of-the-art facilities will be provided for high-tech industries such as computer-chip manufacturing, sectors using raw materials such as steel, wood, paper and other light or small scale industries.
2) The Sea Port – The Sea Port is estimated to cover 13.8 million sq meters, it will be the largest in the region with a capacity of over 10 million twenty foot equivalent (TEU) of containers per year. The port will have facilities to handle cargo and dry bulk, and will be equipped to receive the world’s largest vessels. There will be more than ample opportunities for freight-forwarders and cargo services. The existence of the Industrial zone within the city and the connectivity of the city to key cities within the country will add to the potential of the shipping, logistics and freight-forwarding business. All shipping services will be further complimented by the logistics infrastructure provided by the adjoining Industrial zone in terms of warehousing and storage, packaging and distribution of goods.
Another key component of the Port will be a custom-built Hajj Terminal with a capacity to handle up to 300,000 pilgrims on their way to Mecca and Medina, the holy Muslim cities.
3) Residential Areas – The residential area is planned to include 260,000 apartments and 56,000 villas. It will be divided into smaller residential, commercial, and recreational areas. Parks and green spaces will be used extensively throughout the residential area. The area is estimated to be home for around half a million residents, and another ten thousand tourists. Each district would feature its own public amenities, such as mosques, shops, and recreational venues.
The city will be built for ‘intelligent’ living where communities will enjoy a suite of value added services such as eGovernment, home automation, efficient healthcare and transportation infrastructure. The vision of the smart city is to create new jobs and businesses, boost the performance of industries and attract residents by providing attractive living environments.
4) Sea Resort – The Resorts Area will be designed to feature services and amenities, hoping to draw both local and international tourists. Set to become a major destination on the map of Saudi Arabia and the map of the Middle East as a whole. It will include hotels, shopping centers and other recreational facilities. The number of hotel rooms and suites are proposed to be 25,000 hotel rooms in more than 120 hotels. Among the tourist draws at the resort is an 18-hole golf course, with training facilities and driving range. An equestrian club, yacht club and a range of water sports will also be constructed. The resort areas and the business districts will play host to travelers from across the globe, visiting the city on both business and leisure.
The clear waters of the Red Sea and the virgin beach sands already make this region a sought-after diving destination. With city icons, such as the Grand Mosque and the Royal Gardens, as well as the retail and commercial components, KAEC is set to be a major tourism hub in the region.
5) Educational Zone – The Educational Zone is a part of plan to bring the Saudis capabilities and aspirations in technology to globally competitive levels. The Educational Zone is planned to consist of multi-university campus flanked by two Research and Development. The multi-university campus is designed to accommodate 18,000 students, and a 7,500 faculty and staff members.
Education in KAEC will start from the kindergarten level and continue right up to the university level. Given the unique lifestyle in KAEC and the boom in the city’s cosmopolitan population, the educational sector will be an ever-expanding one with requirements for both local and international students.
The premier research & development centers to be located in KAEC will be multi-disciplinary with an experienced faculty and a large student body. These centers will require appropriate technology, infrastructure and administration, all of which are potential areas for private investments.
6) Central Business District – The Central Business District (CBD) is planned to offer 3.8 million m² of office space, hotels and mixed-use commercial space. The Financial Island, within the CBD, has now been doubled in area to cover 14 hectares of land, which will be the largest regional financial nerve center for the world’s leading banks, investment houses and insurance groups.
The thoroughly modern facilities and technology infrastructure provide the ideal conditions for all ‘knowledge’ industries and the financial services sector. The financial districts and the surrounding business amenities will cater to all the requirements of blue-chip companies and multi-nationals, to make KAEC the regional hub for their global operations.
Industries and Business:
Based on the city and infrastructure facilities as well as the contemporary living style, there are an incredible range of business opportunities within the city. Right from manufacturing to education, healthcare, technology, finance and other sectors, there are innumerable avenues to explore and expand within the region.
King Abdullah Economic City is poised to become an economic powerhouse in the region, which promises explosive growth in almost all sectors and businesses. With designated areas within the city for the Sea port, Industrial zone and the financial sectors, KAEC caters to a plethora of business opportunities.
The city districts will provide the ideal background, for commerce to take center stage with a luxurious living ambience, in the midst of open spaces, green gardens and iconic structures.
The city center includes spiritual, cultural and economic elements that combine to form a special urban landscape. The accessible waterways, the distinct neighborhoods are all hallmarks of the city center. The integrated transit systems, roadways and tall buildings will in addition, create a special identity for the city promoting both investment and tourism.
The financial district, that is dedicated to providing the banking and financial services of the region, will feature two high-rise landmark towers with hotels, residences and retails space. These facilities along with a modern convention center and the surrounding water canals stand to make KAEC a self-sustaining city on the world stage.
KAEC offers some of the best living, working and commercial spaces in the Kingdom and the region. Investment in the well-planned, designed and constructed real estate within the city is unquestionably a good choice, given the expanding economy and the drive to develop this city as a regional hub.
Art, fashion, entertainment and other lifestyle services and commodities have a large marketplace in KAEC. Retail outlets and showrooms for products such as textiles, cars, furniture, electronics and household equipment will also play key roles in the development of the city.
KAEC and The Saudi Economy :
The Saudi economy was in idle mode for 20 years and the project is Saudi Arabia’s boldest bet yet that this oil-rich kingdom can transform itself into an industrial powerhouse. It build new cities, create millions of jobs and diversify the economy away from petroleum exports over the next two decades.
The vision is to turn the kingdom into a major industrial power by 2020. It will allow Saudi Arabia to become one of the top three chemical producers in the world within a few years.
KAEC’s strategy includes expanding the base of the Saudi economy, diversifying national income sources, attracting international investments and reaping the direct and indirect benefits that these types of projects will accrue to the Saudi citizen.
B: PRINCE ABDULAZIZ BIN MOUSAED ECONOMIC CITY ( PABMEC )
Named after the first governor of the Hail region, PABMEC will have its own airport and railway. Some 80,000 people are expected to take up residence in the new city which will also have business and leisure centers. It includes agricultural and mineral industries, an education zone and a residential area with 30,000 housing units. Extending over 156 million square meters, it will also house 3,000 office units and a logistical supply and services center. The venture is part of the government’s efforts to boost the less developed regions in the country.
PABMEC is envisaged to be the Middle East’s largest logistics and transportation hub. This integrated project offers international investors and entrepreneurs immense opportunities for making profitable capital investments with assured high returns or for starting business and industrial ventures.
The city will have 12 distinct components for trade and services in sectors such as agriculture and food processing, mining, education, housing and entertainment. It will have a premier commerce and industrial hub to promote diversification in the economy. It will be the largest fully-integrated economic city in the Middle East providing transportation and logistics services.
PABMEC will exploit the strategic location of Hail as a link to a number of trade routes by building infrastructure for transportation services. There will be specialized educational services in the form of colleges, research and training centers as well as public and private schools in order to feed growing market demand.
Local mineral processing plants that add value to extracted raw materials are set to be a core activity.
About 30 percent of the funding will be allocated to the housing sector to establish about 30,000 residential units while more than SR6 billion will be earmarked to improve overall infrastructure of the region especially in telecommunication services, water and power. The project aims to use the Kingdom’s second competitive advantage after energy, its strategic location as a link between East and West. This will be leveraged through the establishment of a fully-integrated economic city with the main anchor being transportation and logistics services. Produce and minerals arriving from the north of Saudi Arabia and surrounding areas within Hail region will be traded, marketed and processed adding value to the raw material.
Given Hail’s location, geographic and historic surroundings, it was only natural to include an entertainment zone within this development. Furthermore, Hail is ideal for sports enthusiasts. Hail airport’s strategic location will allow it to serve as a hub for logistics services, centrally located within the Kingdom at the crossroads of all surrounding navigational and business routes.
The Center of Agricultural Industries and Services depends mainly on the high agricultural output in the north and the surrounding areas, making up one of the Kingdom’s main food sources. The center provides all basic agricultural services and value-added agricultural processing industries, in addition to storage, warehousing and distribution. This center promises the region’s transformation into a mass agricultural area, with Hail the main food source and distributor for the region.
The future economic activity at PABMEC will require adequate residential facilities, offices and supporting services. These residences and offices will accommodate tens of thousands of employees in the city, where over 80,000 residents are expected to live. All the real estate opportunities will pull in over SR10 billion in investments. The city will not be complete without supporting health services, hospitals and clinics and social services, all helping to complete a fully functional society residing there.
PABMEC and the Saudi Economy:
In addition, the Agro-Industrial zone will support agricultural and food processing services as well as mining and processing industries sectors. Moreover, it will be supported by a robust and solid infrastructure in addition to the business, residential and recreational sectors.
In the area of transportation, logistics and supply chain, an international airport is expected to cater to three million passengers per year, while a railway station will cater to approximately two million passengers annually. Dry ports and operation centers will be capable of handling over 1.5 million tons of cargo annually.
The city will also benefit from a major expansion of the Kingdom’s railway system, which will connect the main regions. In addition, major new highways are being constructed to link the Kingdom through Hail with Jordan, Iraq and also Madinah.
The city will provide a strong boost to development of the region that will create 30,000 jobs.
PABMEC is being built in the Kingdom’s strategically located, fertile and mineral-rich northern Hail region. It is backed by the Kingdom’s excellent infrastructure, liberal investment policies and stable economy. These conditions provide an ideal investment climate and make Hail economic city one of the most attractive investment destinations in Saudi Arabia today.
The logistics “Dry Port” is a strategically located hub for transportation to and from Hail, benefiting from its site on the crossroads of all land, air and train routes that link the Kingdom to the world, creating a northern gateway to the Kingdom.
It will also make the best out of the blessed region with substantial agricultural output by establishing a special zone dedicated to agricultural services and set up an agricultural research center in the city.
So too are the entertainment facilities expected to attract around 700,000 tourists annually.
Hail’s strategic location at the heart of the Kingdom’s north and the fact that it is only one hour by plane from 11 Arab capitals made it a prime candidate to host a new economic city. “PABMEC is a leap forward in the economy of the Middle East as a whole and not just that of Saudi Arabia.
PABMEC expects large numbers of tourists will provide additional investment opportunities in hospitality and tourism-related industries. Visitors will also benefit from a host of planned advanced health care facilities.
Located near the airport, the port will provide services for all economic sectors in the city, including:
a) temporary storage facilities and cargo transporting, equipped with the latest in warehousing, handling and transporting services from trains to trucks and vice versa,
b) transporting approximately 1.5 million tons of cargo by year 10 of operations.
c) The city’s passenger station will serve thousands, domestically and internationally, as a transit stop for pilgrims, travelers and tourists alike.
d) It will also provide services to land travelers whether by car, bus or train.
e) The station will be used by approximately 2.3 million travelers annually within a decade.
f) The Business Center will provide full financial and business support services for projects and institutes alike, enhancing businesses of all sizes in the region
g) and creating a healthy competitive economy.
PABMEC has the goal of enriching and developing professionals and human resources and providing a center of education and training for young Saudi men and women, while employing graduates in a range of different economic activities. The Educational City will boast a center for ICT related studies, many schools and training centers that provide courses qualifying young job-seekers for all markets.
Research and Development firms will also support other industries in the city, introducing the knowledge economy to the region. By its fourth operating year, the knowledge area will have over 40,000 students enrolled in schools, training centers and universities.
The Agricultural Industries and Services Center is expected to attract over SR505 million in investments alone.
C: KNOWLEDGE ECONOMIC CITY (KEC)
Knowledge Economic City of Medina was launched by King Abdullah King Abdullah bin Abdulaziz in June 2006. Knowledge Economic City is designed as a project to position Saudi Arabia and young Saudi Arabian entrepreneurs as internationally respected leaders in knowledge based industries and aims to attract and develop talent from around the world. It is intended to create opportunities on a global scale while providing investors and entrepreneurs with infrastructure, opportunity, a unique pool of talent and the potential for a healthy return on investment.
The Project Objectives:
- Establish an economically viable catalyst for knowledge-based industries in Al-Madinah Al-Mounawwarah
- Establish an alternative central business district for Al-Madinah with better facilities and infrastructure that is easily accessible to Al-Madinah’s residents and visitors
- Create a tourist destination supported by the unique theme park, world-class hospitality establishments and outstanding retail offer
- Create a superior urban environment to attract Al-Madinah’s residents, visitors and knowledge workers to live and work in this city
- Al-Madinah has a unique position for attracting Muslim talents from all over the world, who are eager to live, work, retire, or make extended visits to it as the second most sacred city in Islam
- Al-Madinah is rich in its heritage and religious related content and talents
- Al-Madinah has been a leading city in digital economy initiatives and an e-government pilot
- There are well established higher education institutions serving both SMET and religious segments.
- A network of transportation facilities is planned to connect the city to the Holy Mosque in Al-Madinah and other major cities and economic centers in Saudi Arabia.
KEC and the Saudi Economy :
More than 20,000 jobs and accommodation for about 150,000 people will be created by the project which is expected to bring about 10 billion Riyals a year into the region once it is completed by 2020. Other areas the KEC helps to build and Saudi Arabia’s economy are:
- Accommodate thousands of visitors in world class accommodation
- Provide a retail area including 1,200 shops
- Develop thousands of residential units
- Cover a land area of 4.8 million sq.m with a total build area of 8 million sq.m
It will comprise:
- A centre for medical sciences and bio-technology
- A high-tech park for knowledge-based industries, research centres and scientific development
- An educational/entertainment park themed around the heritage of Muhammad
- An educational technical and management institute
- A new, world-class business district for Medina
- A major retail hub themed after the old souks of Medina
The Centre for Medical Sciences & Biotechnology will benefit from the smart infrastructure in the city such as the Centre for Medical Simulation and Telemedicine and will:
- Provide medical services for the residents of and visitors to Medina
- Provide a rehabilitation complex for Muslims benefiting from the spiritual healing of Medina
The Seerah Land Theme Park will offer visitors of all ages, interests and cultural background a unique and unforgettable journey back into history.
KEC, IT and related Based Economy:
Taiba High-Tech Park for Knowledge-Based Industries will contain smart buildings equipped with the latest state of the art IT and telecommunications infrastructure.
It will focus on:
- Electronic Government
- Distance learning
- Arabic language improvement and technology
- Tourism technology
- Call centres
- Provide incubators for young Saudi IT and small business entrepreneurs who are looking for a competitive environment to grow their businesses.
- Utilise the skilled female talent pool in Al-Madinah and provide distance working opportunities
KEC in partnerships and cooperation with local and international pioneer institutions and universities in each technical trade will establish specialized institutions in communication and IT training – and knowledge industries in general within KEC. These educational complexes will help achieve objectives of knowledge industries sector in compliance with KEC’s projected goals.
KEC will allocate the land required to build the educational complexes that will accommodate up to 24,000 male and female students. It will also attract students from all over the world to benefit from science- and knowledge-based technologies.
KEC will be the venue to train Saudis in communication and information technology leading to placement in jobs in the field of communication and IT as well as knowledge-based industries. This will include vocational training for Saudi youth in the relevant fields.
It promotes Saudi technical and scientific innovation, which in turn, will assist in the provision of welfare and increased production. It will also build and improve local human resources, which is key to Saudi youth joining the economic knowledge matrix in the future.
D: JAZAN ECONOMIC CITY (JEC)
The Province of Jazan lies in the south west section of the Kingdom of Saudi Arabia. It has a population of approximately 1.2 million and covers an area of 40,000 sq. km including some 5,000 villages and cities.
Its major city, Jizan, is home to the Port of Jizan, Saudi Arabia’s third most important port on the Red Sea.
It is ideally situated on the southern Red Sea coast with a coastline of almost 300 km and is very close to the main east and west sea trade routes to Europe, the Far East and Persian Gulf. The Farasan Islands, Saudi Arabia’s first protected wildlife area, is home to the endangered Arabian gazelle and, in winter, receives migratory birds from Europe.
Its plains are noted for the production of coffee beans and grain crops, like barley millet and wheat; and fruits, such as apples, bananas, grapes, mangoes, papayas, plums and citrus varieties.
An island strategically located at the heart of the development, the business district of Jazan Economic City embodies the main arteries of the commercial businesses.
Modern offices with state of the art IT infrastructure opens up a wide range of business opportunities, bringing the City to new heights in the region.
Commercial, Residential, Community and Industrial components are arranged in graduating concentric circles with the Regional Business Hub – Commercial Business District (CBD) Centre – forming the core of the city.
The power and desalination plant will be located next to the coastline on the South side, consisting of the main power plant, desalination plant, associated balance-of-plant, electrical substation and fuel oil storage facilities.
Using a steam cycle technology firing on Arabian crude oil, the power plant will be built with sufficient capacity to provide for the power needs of the Economic City with excess capacity to be sold to the grid.
The desalination plant will be able to provide about 500,000 cubic meters per day of potable water to cater to the internal requirements of the Economic City as well as to supply to the distribution network.
The establishment of the Port is fundamental to the establishment of Jazan Economic City. The Port provides a vital link to the surrounding region for the importation of raw materials and the export of value-added and processed materials and products.
The Port at the mouth of the Red Sea provides easy access to the world’s shipping lanes with direct access to Europe, East Africa, Asia and Australasia.
Silicon processing in Jazan is ideal as it can be found in abundance and is crucial for future technology. With a market demand of approximately 1,200,000 tpa, and a projected growth rate of more than 5% per annum, silicon processing will be an advantageous industrial mix forJazan Economic City.
The Tech Park is focused on implementing and manufacturing, drawing on research and development from a wide range of public and commercial sources. The agri-tech industry is looking to add value to the regional agricultural industry, livestock and crops, improvement and management. Hydroponic development is a current and future technology that will also add value to the Jazan region.
Pharmaceuticals are a strong down stream industry of the oil industry and will be enhanced in the future by the development of nutraceuticals and health food products drawing on agricultural resources in the region, implementing new technologies and supplying a growing market in the immediate region.
JEC and Saudi Economy:
Jazan Economic City (JEC) focuses on four areas: Heavy Industries, Secondary Industries, Human Capital and Lifestyle. The proposed city will provide a high-quality environment for key industries, technology exchanges, commerce and trade, employment opportunities, education and training, housing and a broad spectrum of socio-economic activities for a projected population of 300,000 people.
1) Heavy industries consist of: Powerplant, Port, Aluminum Smelter, Refinery and Steel
2) Secondary Industries consist of : Fisheries, Tech Park and Agri Tech, Pharmaceuticals, Chemical and Plastics
3) Human Capital consist of: specialized Training, On-job Training, Exchange Program, 500,000 Job opportunities
4) Lifestyle consist of: Recreational, Residential and Services
Jazan Economic City will be developed with the philosophy of symbiotic development incorporating co-existing uses to the benefit of each of the components and the environment. Industries would be chosen to enhance the relationship rather than be developed in isolation.
The primary anchors of Port, Power and desalination, Oil, Aluminium, Steel and Copper provide strong downstream opportunities with industries as diverse as pharmaceuticals, food processing and high value agritech producers within a growing regional environment.
Jazan Economic City is ideally placed at the mouth of the Red Sea to service markets in Europe, Asia and East Africa as well as to receive raw materials from the surrounding countries that are currently not well served with processing and manufacturing facilities.
The establishment of an international airport for the region would complete a strong logistics hub also serving those markets.
Jazan Economic City is also central to a booming population. The populations in the immediate regions of KSA, Yemen, Sudan, Ethiopia and Eritrea are expected to nearly double in the next 25 years while the population of Europe is projected to decline. Future markets in Africa and Asia are expected to expand while they are contracting in Europe and America.
Jazan Economic City will concentrate on expanding the social, economic, and agro-industrial activities and will make Jazan Economic City the largest employment areas. ### End
http://www.kingabdullahcity.com/en/Home/index.html ; http://en.wikipedia.org/wiki/King_Abdullah_Economic_City ; http://www.nytimes.com/2008/01/20/business/worldbusiness/20saudi.html?_r=1&ref=business&pagewanted=all ; http://en.wikipedia.org/wiki/Jazan_Economic_City#Masterplan_proposal ; http://www.jazanecity.com/en/index.html ; http://www.jazanecity.com/en/about-jazan.html ; http://www.madinahkec.com/ ; http://en.wikipedia.org/wiki/Knowledge_Economic_City,_Medina ;http://arabnews.com/?page=6§ion=0&article=108478&d=2&m=4&y=2008 ; http://www.sagia.gov.sa/english/index.php?page=prince-abdulaziz-bin-mousaed-economic-city-pabmec ; http://www.arabnews.com/services/print/print.asp?artid=89593&d=6&m=12&y=2006&hl=New%20Economic%20City%20to%20Boost%20North