«إعمار المدينة الاقتصادية» توقع اتفاقية تمويل مع وزارة المالية بمبلغ 5 مليارات ريال

الرياض - «ألرياض»


اعلنت شركة «إعمار المدينة الاقتصادية» التي تتولى تنفيذ وتطوير «مدينة الملك عبدالله الاقتصادية» امس عن توقيع اتفاقية تمويل مع وزارة المالية السعودية تقوم بموجبها الوزارة بتوفير قرض تجاري لشركة «إعمار المدينة الاقتصادية» بمبلغ 5 مليارات ريال سعودي (خمسة مليارات ريال) يسدد على عشر سنوات تشمل ثلاث سنوات مهلة، وقد قدمت الشركة ضمانات عبارة عن مجموعة أراضي مساحتها الإجمالية 24 مليون و724 ألف متر مربع .

وقد قام بتوقيع الاتفاقية كل من الدكتور إبراهيم العساف وزير المالية السعودي وفهد الرشيد، العضو المنتدب والرئيس التنفيذي لشركة «إعمار المدينة الاقتصادية».

وسيساهم هذا القرض في دفع عجلة التطوير والبناء للمرحلة الثانية من مشروع «مدينة الملك عبدالله الاقتصادية» وذلك بعد أن أنهت الشركة أعمال بناء المرحلة الأولى من المشروع العام الماضي.

سعر المتر 200 ريال بس
:lol: :lol: :lol: :lol: :lol:

^^

lol ... That was just a deposit, not the whole thing for sure

سعر المتر 200 ريال بس
:lol: :lol: :lol: :lol: :lol:
Deleted old post, must've made an error in my calculation

Saudi Arabia’s 5 billion-riyal ($1.3 billion) loan to Emaar Economic City will fund the company’s Brussels-sized housing and business development near Jeddah through 2012, Deutsche Bank AG said.

The loan, secured against 24.7 million square meters of land, or 15 percent of Emaar Economic City’s holdings, “should boost development activity in the city, after significantly slowing down in 2010,” analysts Athmane Benzerroug and Nabil Ahmed wrote in a note to investors today.

King Abdullah Economic City, part of a $400 billion plan investment plan announced by the government in 2008, is designed to house about 2 million people and generate 1 million jobs. Emaar Economic City is jointly owned by the Saudi state and Emaar Properties PJSC (EMAAR), Dubai’s biggest property developer.

Government’s support for the project is crucial for its survival as high infrastructure costs and slow home sales reduced the developer’s cash to 339 million riyals in 2010 from 2.2 billion riyals in 2008, the analysts wrote. The size of the loan “exactly matches with our estimate” of Emaar Economic City’s need for capital and operating funds in 2011-2012, the analysts wrote.

The 10-year loan will be used to “accelerate the development and construction of the second phase of King Abdullah Economic City,” Jeddah-based Emaar Economic City said in a statement yesterday. Repayment will start after three years.

The analysts maintained their “hold” rating on the shares because the developer trades in line with other Saudi builders and the project is still in the design phase.

Saudi Arabia’s stock market is closed today for the weekend. Announcement of the loan came after the end of trading yesterday. Emaar Economic City shares closed 1.3 percent lower at 7.4 riyals.

سؤال يا جماعه هل تعتقدون ان هالمشروع فعلا يبي ينجح

سؤال يا جماعه هل تعتقدون ان هالمشروع فعلا يبي ينجح

سؤالك غريب بصراحة

وليش ماينجح مشروع بهالحجم كل معايير النجاح متوفر فيه من تمويل وموقع مميز ووو .. إلـخ

هذا غير ان فيه ميناء ضخم وجامعة تكنولوجية مذهلة

سؤال يا جماعه هل تعتقدون ان هالمشروع فعلا يبي ينجح

عندي شك صراحة

[/URL]أسعد الله أوقات الجميع بالمسرات
لظروف طارئة تتطلب السفر خارج المملكة للدراسة ، لدينا شقة غرفتين وصالة ومطبخ وحمامين تقع في مركز الأعمال بمدينة الملك عبدالله الإقتصادية بالبيلسان أبراج المارينا برج رقم واحد والشقة موقعها روووعة مطلة على النهر الصناعي وترى البحر منها ولها بلكونتين مطلة كما أنها مجهزة بكافة الخدمات والمطاعم أسفل البرج تعمل حاليا ( مرفق صورة للموقع ) فمن له
الرغبه يمكنه التواصل من خلال الايميل او المسن او الاسكايبي في الخاص وفقكم الله
[url]http://www.mlfat4arab.com/i/00062/kg5i72hehae3.jpg (http://www.mlfat4arab.com/i/00062/kg5i72hehae3.jpg)

بدأ بيع الاراضي السكنية الصناعية
Fوهل تصميم الميناء تم تغييره غير شكل

http://img194.imageshack.us/img194/4746/unled1rah.jpg

King Abdullah Economic City to launch new phase of Al-Talah Gardens project

http://arabnews.com/economy/article459166.ece/REPRESENTATIONS/large_620x350/eco_KAEC.jpg

King Abdullah Economic City (KAEC) recently announced the sale in record time of all lands in phase one of Al-Talah Gardens project launched here recently.

The lands sold out within four hours on the first day of the exhibition, as a huge number of citizens visited the event, the company stated.

KAEC also announced that the second phase of the project would be launched soon to meet the need of the middle-income segment of the society, which is the largest in Saudi Arabia, for residential land plots at “affordable” prices.

This project comes in line with the vision of Custodian of the Two Holy Mosques King Abdullah to provide Saudis with housing at competitive prices in an integrated residential environment that meet their needs and aspirations.

Fahd Al-Rasheed, managing director and CEO of KAEC, expressed his happiness with the success of Al-Talah Gardens in attracting the large segment of the society.

According to him, “the great success of phase one of the Al-Talah Gardens project, in which all units were sold in record time, assures the progress of development at KAEC, and signifies a new achievement to the overall success of the city in filling the increasing need for housing.”

Al Rasheed pointed out that the project offers land plots that are very competitive at SR500-700 per square meter compared to prices of other lands in Jeddah.

This gives the opportunity to various members of the society to buy and own land plots, some of whom are employees at Petro Rabigh, King Abdullah University for Science and Technology (KAUST) and KAEC, in addition to families from Makkah and Jeddah.

“Many of the buyers were excited with the many gardens and the one kilometer walkway surrounded with trees and palms, providing a meeting point for all members of Al-Talah Gardens community,” he added.

The one kilometer walkway will allow families to enjoy walking, playing and relaxing in the outdoors surrounded by trees, playground facilities and retail outlets.

According to the plan, the purchaser can buy up to two land plots within the project so that other buyers will have equal opportunities.

Al Rasheed highlighted that the project aims to provide housing solutions to citizens rather than business investors, ensuring that the project offers an optimum environment in terms of price, location, infrastructure and services.

Moreover, Al-Rasheed said: “The remarkable success of the project in its first stage assures our customers of our readiness to launch new phases, which will be announced soon, noting that there are a large number of citizens who expressed their desire to reserve land plots in the second phase.” KAEC still allows the possibility of booking through the call center service.

Located at the heart of KAEC, Talah Gardens is spread over 500,000 square meters. It overlooks three main roads from the west, east and south, with nearby entertainment, services and dining areas that command a fascinating waterfront view.

The project enjoys a highly engineered infrastructure and leading edge amenities, including drainage, sewage systems, water and electricity supply, telecommunications and Internet network, in addition to safety and security systems.

When completed, Al-Talah Gardens will also have integrated facilities such as mosques, schools, medical services, advanced health & fitness facilities, events hall and shopping malls at walking distance.

The project will enable residents identify a new approach to modern living.

http://arabnews.com/economy/article459131.ece

King Abdullah Economic City hosts senior officials from Jeddah Chamber of Commerce and Industry

http://cdnlive.albawaba.com/sites/default/files/imagecache/article_headline_node//sites/default/files/im/pr_new/Jeddah_Chamber_of_Commerce_03-07-2011.JPG

A group of senior officials from Jeddah Chamber of Commerce and Industry (JCCI) along with the Marche Region, Chambers of Commerce Union, headed by Mr. Adnan Mandora, JCCI Secretary General, recently visited and toured King Abdullah Economic City (KAEC) to discuss and explore the city’s investment opportunities. The delegation was received and welcomed by Mr. Fahd Al Rasheed, Managing Director and CEO of King Abdullah Economic City (KAEC), and senior executives from (KAEC).

A visual and detailed presentation of KAEC developmental stages of construction and progressing taking place from 2007 till present date, as well as a detailed vision of attracting local and foreign investments to the Kingdom was presented to the visiting delegation by Mr. Al-Rasheed.

In addition, a tour of King Abdullah Economic City took place after the presentation, to identify the most important achievements and developments on the ground progress accomplished, including an update on the residential units that have started to be handed over to city residents and workers at the Bay La Sun District, land plots delivered in the Industrial Valley, offices at the Business Park as well as a wide variety of retail space throughout the city.

According to Al-Rasheed, the Seaport in KAEC located on the Red Sea, has been designed to play an essential role in linking Europe, Africa and Asia through two major international Maritime Navigations. Located in close proximity to Jeddah, Makkah and Madinah, KAEC Seaport will serve more than 250 million consumers across the region.

Mr. Mandora asserted that KAEC is a major contribution to development and national economy and is the realistic embodiment of the vision of the Custodian of the Two Holy Mosques that aims to advance the Saudi economy. “One of the prominent features at KAEC is the availability of Economic Cities Authority and its "60/24/7" system that empowers services to investors round the clock and process completion in record times” said Mr. Mandora.

He commented that, “the strategic location of KAEC and the availability of efficient port and road connectivity to the local and regional markets offer an array of logistical capabilities and enables huge growth potentials.”

“KAEC Industrial Valley has been designed using the best standards in the world for industrial zone master planning and provides all the services necessary for the establishment of manufacturing and logistics facilities.” said Mr. Abdulaziz Al-Suraeh, Head of Industrial Committee of JCCI.

He pointed out that KAEC Industrial Valley offers fully serviced land plots at various sizes with electricity, water, sewage network, telecommunications services, paved roads and storm water drain system to prevent flooding. This has been a major need not only of international manufacturers but also of locals who want to expand their operations but cannot find the appropriate size of fully serviced land plots.

While the delegation was concluding their visit with lunch at an inspiring sea view restaurant in Bay La Sun village, they highly praised the numerous motivating factors to invest in KAEC, stressing on the facts of KAEC’s huge business potential and ability to attract local and foreign investments to the Kingdom. They proclaimed, “King Abdullah Economic City will be the future city.”

The Emaar Economic City Company (Emaar) has announced a net income of SR87.6 million for the second quarter of this year.

The latest figure is a marked increase from the net loss of SR128.4 million for the same quarter in 2010 and the net loss SR13.5 million for the previous quarter.

The reason for the increase in net income is due to profits from the sale of lands within King Abdullah Economic City and revision in the distribution of infrastructure costs.

The gross profit for the second quarter rose to SR152.3 million from SR32.6 million for the same quarter in 2010.

The profit from operations for the quarter ended June 30, 2011 was SR96.8 million, compared to operating loss SR127.7 million for the same quarter in 2010.

The net income for six months period ended June 30, 2011 was SR74.0 million, compared to loss SR181.9 million for the same period in 2010.

The earning per share for the six months period ended June 30, 2011 amounted SR0.08.

The gross profit for the six-month period ended June 30, 2011 was SR165.7 million.

The profit from operations for the six months period ended June 30, 2011 was SR84.3 million, compared to losses of SR180.4 million for the same period in 2010.

في الصورة اللي فوق الميناء صار صغير ليش ؟
بعدين حرام يا ناس ما في صور للمدينة او ايت اخبار حلوه من زمان

more pics please

Emaar Saudi unit ends villa contract in high-tech city

http://www.arabianbusiness.com/incoming/article402828.ece/ALTERNATES/g3l/King-Abdullah-Economic-City.jpg

Saudi developer Emaar Economic City, which secured a $1.33bn loan from the government in May to speed up construction, has terminated a contract to build 134 villas in the King Abdullah Economic City development.

Emaar Economic City, affiliated to Dubai developer Emaar Properties, ended the contract with Al-Radwan Contracting, Emaar said in a statement on the Dubai bourse on Monday.

"The termination of the construction contract is in normal course of business where re-evaluation of project feasibilities in view of constantly changing business environment do require amendment/termination of construction contracts," the company said.

Emaar does not expect an adverse impact from the project cancellation, it said in the statement.

Emaar Economic City is spearheading the development of King Abdullah Economic City, a project aimed at diversifying the kingdom's oil-based economy.

The developer received a SR5bn loan ($1.33bn) from the kingdom's finance ministry to speed up construction of a project.

King Abdullah Economic City is among five so-called economic cities planned in the world's largest oil exporter to speed up job creation for the country's rapidly growing population.

Emaar Saudi unit ends villa contract in high-tech city

http://www.arabianbusiness.com/incoming/article402828.ece/ALTERNATES/g3l/King-Abdullah-Economic-City.jpg

Saudi developer Emaar Economic City, which secured a $1.33bn loan from the government in May to speed up construction, has terminated a contract to build 134 villas in the King Abdullah Economic City development.

Emaar Economic City, affiliated to Dubai developer Emaar Properties, ended the contract with Al-Radwan Contracting, Emaar said in a statement on the Dubai bourse on Monday.

"The termination of the construction contract is in normal course of business where re-evaluation of project feasibilities in view of constantly changing business environment do require amendment/termination of construction contracts," the company said.

Emaar does not expect an adverse impact from the project cancellation, it said in the statement.

Emaar Economic City is spearheading the development of King Abdullah Economic City, a project aimed at diversifying the kingdom's oil-based economy.

The developer received a SR5bn loan ($1.33bn) from the kingdom's finance ministry to speed up construction of a project.

King Abdullah Economic City is among five so-called economic cities planned in the world's largest oil exporter to speed up job creation for the country's rapidly growing population.


so who will be constructing the city now?

^^ Only the contract to build 134 villas has been terminated, rest is same as before...

when will be finished the first phase of this project? I would like to meet this city, but a i can't becuase i live in chile and go to there is very expensive for me :lol: :ohno:

-
Today I passed by theirvselling centre in Riyadh ... All I saw is they'd
closed. That kinda concerned me

^^ Why do I have a feeling that something wrong is going on? :ohno:

-
Today I passed by theirvselling centre in Riyadh ... All I saw is they'd
closed. That kinda concerned me

the center closed long time ago :ohno:

The construction is under way though.. right?

http://g.abunawaf.com/2011/7/18/s_z/JIegAjwcIvmbawsG.jpg

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عتبي للمشروع بطء *عملية البناء في المدينة *تباعد المشاريع في المرحلة الاولى *ضعف الجودة *ضعف الترابط بين التصميم الصحراوي للشاليهات المطلة عالبحر

:) يسلموؤوؤوؤ
3baad
على الصوره الحلوه ياحلو
إن شاء الله يتم على خير

Nice pics...:okay:

:(

:(

Why are you sad !!!

^^ Idk, from the pictures, the work on the city doesn't seem to have progressed all that much.

^^ Idk, from the pictures, the work on the city doesn't seem to have progressed all that much.

Its okay no need to be sad about it :) for example Lusail in Qatar has been reeeeeally slow in the past 2 years.

;)

I like the green areas so far in the project, really easy on the eyes :cheers:

SMH

Bad design and cheap quality. The villas are a disgrace.
Love the shabby aluminium side door and window frames :bash:

I was really surprised when I found out that : Saudi Arabia to have its Georgia Tech Campus! hooray! I have been to this university and I think it will be the best academy in the middle-east once it appears in reality!
Now we can start to bring the other big names since we are able to get GT! we need Duke, UNC, and why not! Princeton itself!

http://www.ft.com/cms/s/2/9cc61d76-ca44-11df-87b8-00144feab49a.html#axzz1WxQUcZzN

^^

Higher education level in saudi Arabia is in a good stand. But this is not all what it takes to open such universities in the country ... We're not even used to the fact that we're paying for education (since we were born to have free scholarships) :D

What good stand? Higher education is a big hot mess in Saudi Arabia. That's why we ran away.

What good stand? Higher education is a big hot mess in Saudi Arabia. That's why we ran away.

hehehe agree 100%

-
I'm talking about it in comparison with the past 10 years ... we see some changes, plans, some hope at least. But still the main issue isn't about universities or its constitution as much as it's about people themselves

هل توقف العمل بالمشروع
مرت سنين مالك على الصحف طاري

SMH

Bad design and cheap quality. The villas are a disgrace.
Love the shabby aluminium side door and window frames :bash:


They have a very ice traditional look. Which is a GOOD thing. You don't expect everything to be western style do you? We got our own identity & levels.

صارت طاقات و أبواب الالومينيوم من تراثنا؟ طيب.
و بعدين، كونك جبت السيرة، تصاميم الفلل بعيدة كل البعد عن النسق المعماري الحجازي.

Pfizer inks deal for Saudi manufacturing plant

http://www.arabianbusiness.com/incoming/article423422.ece/ALTERNATES/g3l/108820316.jpg

Global pharmaceutical giant Pfizer said on Wednesday it had signed an agreement for a new manufacturing plant in King Abdullah Economic City (KAEC) in Saudi Arabia.

It said the deal with Saudi Arabian General Investment Authority (SAGIA) demonstrated Pfizer's "commitment to supporting the development of Saudi's pharmaceutical industry and to improving patient access to its medicines in Saudi Arabia".

The project will incorporate medicine manufacturing and packaging technologies within one complex, Pfizer said in a statement, adding that it will ensure local production of Pfizer's medicines for the local market.

"This project underlines the tireless efforts of the Saudi Government represented by SAGIA in attracting and facilitating world-class inward investment in the healthcare arena," said Mohanad Hilal, secretary general of Economic Cities Authority.

"It highlights the tangible steps that have been made by Saudi Arabia toward diversification into non-oil based industries and resources. With the foundations laid for such prominent partnership ventures, Saudi Arabia is sending a very strong and positive message to the world - that we are well positioned to host world-class industry leaders, suppliers and manufactures."

As a result of the new manufacturing base, Saudi patients are expected to benefit from improved access to Pfizer's medicines although no date was given for when the new facility will be up and running.

"This project demonstrates the confidence we have in the Saudi Arabian business environment and the high level of opportunity we see here as a growth market," added Bulent Atlig, vice president, Pfizer Global Supply.

"Our decision to establish a new manufacturing presence in Saudi Arabia is based on its attractive business environment and the healthcare industry potential. We intend that the proposed plant will serve the growing needs of the Kingdom now and in the future."

Based at KAEC on the west coast of the Red Sea, north of Jeddah, the Pfizer project will benefit from the competitive advantages offered by the Saudi Government, aimed at attracting more investors and promoting KAEC as a business and industry centre of excellence.

تعلن شركة إعمار المدينة الاقتصادية عن تعيين رئيس مجلس الإدارة ونائب الرئيس

12 November 2011

بالإشارة إلى إعلان الشركة في 26/9/2011م الخاص بقرار الجمعية العامة العادية السادسة المنعقدة في 25/9/2011م باختيار أعضاء مجلس إدارة شركة إعمار المدينة الاقتصادية للدورة الجديدة التي تبدأ في 26/9/2011م ولمدة ثلاث سنوات ميلادية، فقد أقر مجلس الإدارة التعيين في المناصب الرئيسية للمجلس حسب النظام الأساسي للشركة وتشكيل لجان المجلس وذلك على النحو التالي:

تعيين سعادة الأستاذ/ محمد علي العبار كرئيس لمجلس الإدارة، وتعيين الأستاذ/ عبدالله صالح كامل كنائب لرئيس مجلس الإدارة.

كما أقر المجلس تشكيل اللجنة التنفيذية ولجنة المراجعة ولجنة الترشيحات والمكافآت على أن يكون نافذاً من تاريخ بداية دورة المجلس في 26/9/2011م ولمدة دورة المجلس.

© Tadawul 2011

Source (http://www.zawya.com/story.cfm/sidZAWYA20111113120651/%D8%AA%D8%B9%D9%84%D9%86_%D8%B4%D8%B1%D9%83%D8%A9_%D8%A5%D8%B9%D9%85%D8%A7%D8%B1_%D8%A7%D9%84%D9%85%D8%AF%D9%8A%D9%86%D8%A9_%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9_%D8%B9%D9%86_%D8%AA%D8%B9%D9%8A%D9%8A%D9%86_%D8%B1%D8%A6%D9%8A%D8%B3_%D9%85%D8%AC%D9%84%D8%B3_%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9_%D9%88%D9%86%D8%A7%D8%A6%D8%A8_%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3?utm_source=dlvr.it&utm_medium=facebook&utm_campaign=zawya+arabic)

EEC hands over land for Pfizer plant in Kingdom

Emaar, The Economic City (EEC), the Tadawul-listed company developing King Abdullah Economic City (KAEC), handed over an area of 65,000 square meters to Pfizer for the establishment of its first pharmaceutical manufacturing plant in the GCC.

This manufacturing facility will be an integral part of the Industrial Valley in the city.

Pfizer is looking to provide a number of direct jobs at this facility in addition to other ancillary jobs and industrial opportunities that will arise.

The factory will contain the latest technologies for manufacturing pharmaceutical products in the Kingdom with the same global quality standards maintained by Pfizer plants worldwide.

With this plant, Pfizer joins the elite list of international and local companies that have begun to set up factories in KAEC.

Other companies include Mars, Total, Sanofi-Aventis and Grief.

This facility will give rise to many opportunities to prepare and train young Saudi talent interested in exploring the pharmaceutical industry.

It will also manufacture well-established pharmaceutical brands locally with international expertise.

Pfizer is a global pharmaceutical company headquartered in New York City.

It is widely known for breakthrough medicines, including Lipitor, Viagra and Diflucan. Pfizer’s products are widely sold in various developed and emerging markets across the world.

This agreement with Pfizer comes in line with EEC’s plan to attract global pharmaceutical players in order to further develop the local pharmaceutical cluster.

“For KAEC to be chosen by a world leader in pharmaceuticals, Pfizer, as a new base for establishing a world-class facility demonstrates the promising investment opportunities the city offers to leading companies,” said Fahd Al-Rasheed, MD and CEO of KAEC.

“The Industrial Valley has been designed with global planning standards for industrial zones, has become a hub for a large number of local and global industrial companies looking to establish projects either through ownership or long-term lease,” he said.

We treat each client as unique from every other and see to it that we can support requirements of both local and international manufacturers,” he said.

The CEO said there are numerous advantages for local and global major companies which help create an atmosphere of investments.

These include clear and business-encouraging regulations and hassle-free processes, ease of issuing permits and licenses and the possibility of providing qualified manpower through training centers for Saudi talents,

The availability of housing solutions within the vicinity of the Industrial Valley and the direct link with King Abdullah Economic City seaport makes the Industrial Valley a unique location for manufacturing and logistics.

Hussein El-Hakim, country manager, Pfizer Saudi Arabia, said: “We are enthusiastic about this project. Establishing this facility is an important step to expand our foothold in the Kingdom. This will help boost our pharmaceutical activities within international quality standards.”

The country manager said: “With the foundations laid for such prominent partnership ventures, Saudi Arabia is sending a very strong and positive message to the world — that we are well positioned to host world-class industry leaders, suppliers and manufactures.”

Based at KAEC on the west coast of the Red Sea, north of Jeddah, the Pfizer project will benefit from the competitive advantages offered by the Saudi Government, aimed at attracting more investors and promoting KAEC as a business and industry center of excellence that encompasses state-of-the-art infrastructure and amenities.

“At Pfizer, we are committed to supporting our community, and finding innovative ways to share best practices, knowledge and skills, as well as partnering with the Saudi Government, MOH, SFDA and SAGIA to improve access to the medicines that the population of Saudi Arabia need the most,” added El Hakim.

Ahmed Linjawy, president of Industry and City Services in King Abdullah Economic City, expressed his happiness for signing the contract.

“We have seen the completion of occupancy of the first phase of the Industrial Valley and the launch of the second phase. Pfizer being one of the largest pharmaceutical companies in the world is a confirmation that KAEC has the ability to attract large companies from diverse industries. At the root of KAEC is world-class infrastructure, efficient support services and besides electricity, water, sanitation, and modern telecommunications services.”

Linjawy added: “The importance of this new plant is that it will enhance the pharmaceutical industry in Saudi Arabia and the region, and will provide new horizons for the development of this important industry and significant opportunities for training of Saudis to work in leading pharmaceutical companies.”

The Industrial Valley will be seamlessly linked to the KAEC seaport and thus will give access to over 250 million consumers in Europe, Middle East, North Africa and Asia.

King Abdullah Economic City partnership announced

http://www.constructionweekonline.com/pictures/King%20Abdullah%20Economic%20City.jpg

Saudi Arabian companies Mounshaat Al Maarifa Al Akaria and Masharea Al Maarifa Al Akaria will enter into a partnership to develop various projects in the Knowledge Economic City, the listed investment vehicle for the construction of the King Abdullah Economic City.

Mounshaat Al Maarifa Al Akaria Co. will contribute $133,319,110 (SAR 500 million) fully paid capital and Masharea Al Maarifa Al Akaria Co $266m (SAR1 billion) fully paid capital, it has been announced to the Saudi stock exchange, Tadawul.

There will be no financial impact on the companies’ results, it was further added, as the two established groups have no operational activity at the moment.

Mega-project Knowledge Economic City (KAEC) has six components – a sea port, industrial valley, educational zone, central business district with commercial, mixed-use, retail outlets and a financial island, resorts and residential area.

Eventually home to some two million residents, the project is set to create up to one million employment opportunities in the various industries and service-oriented companies that will open in KAEC.

The total cost of the city is around $86bn, with the master-planning and development of the 168 million m2 of the Red Sea, north Jeddah project the responsibility of Emaar, The Economic City - a Tadawul-listed company created from Dubai-based public joint stock company Emaar.

الرئيسية > الرياض الاقتصادي

في خطوة اقتصادية مهمة في مسيرة مدينة الملك عبدالله الاقتصادية
شركة عبداللطيف جميل توقع مذكرة تفاهم لنقل عملياتها إلى مدينة الملك عبدالله الاقتصادية


م. محمد عبداللطيف جميل والدباغ خلال التوقيع
جدة - الرياض

وقعت شركة عبداللطيف جميل مذكرة تفاهم مع مدينة الملك عبدالله الاقتصادية تقوم بموجبها شركة عبداللطيف جميل المحدودة بنقل جميع خدماتها اللوجستية إلى مدينة الملك عبدالله الاقتصادية، وتنص مذكرة التفاهم على أن تقوم شركة عبداللطيف جميل بشراء أرض بمساحة 1,5 مليون متر مربع في المنطقة الصناعية بالمدينة الاقتصادية لتطوير مركز التوزيع الوطني التابع لها والذي يضم مرافق تخزين وتركيب اكسسوارات السيارات التي تقوم شركة عبداللطيف جميل باستيرادها وبيعها بالمملكة.

كما تنص مذكرة التفاهم على أن يتولى الميناء البحري بمدينة الملك عبدالله الاقتصادية بتطوير وتشغيل رصيف ومحطة مناولة خاصة بإستقبال سفن الدحرجة ‏بمواصفات عالمية للقيام بأعمال المناولة اللازمة للسيارات والمعدات بكفاءة عالية، كما تنص المذكرة أيضا على أن تقوم شركة عبداللطيف ‏جميل بالإستحواذ على أراضي سكنية في مدينة الملك عبدالله الاقتصادية بغرض توفير حلول سكنية إختيارية مناسبة لموظفيها وموظفي الشركات التابعة لها وإقامة حي سكني متكامل لتوفير سكن إختياري لهم في المدينة الاقتصادية، وأن تقوم الشركة ببحث إمكانية إقامة خط تجميع وتركيب قطع غيار للسيارات داخل منطقة الإيداع التابعة للميناء البحري بالمدينة الاقتصادية بغرض إستخدامه لخدمة السوق المحلية.

وفي هذا السياق قال رئيس مجلس إدارة هيئة المدن الاقتصادية عمرو بن عبدالله الدباغ بأن استقطاب شركة وطنية رائدة مثل شركة عبداللطيف جميل في مدينة الملك عبدالله الاقتصادية يعد إنجازاً لمدينة الملك عبدالله الاقتصادية ويأتي تأكيداً للرؤية الثاقبة لخادم الحرمين الشريفين الملك عبدالله بن عبدالعزيز في أن تكون مدينة الملك عبدالله الاقتصادية جاذبة للاستثمارات المحلية والأجنبية وأن تعمل كمحرك اقتصادي مهم في المملكة لتوطين رأس المال السعودي وإيجاد الوظائف وتحقيق أهداف التنمية في المملكة.

من جهته قال المهندس محمد عبداللطيف جميل الرئيس التنفيذي لشركة عبداللطيف جميل أن تنفيذ هذا المشروع المهم يأتي ضمن خطة شركة عبداللطيف جميل الاستراتيجية والتي تهدف إلى بناء قاعدة لوجستية مركزية لعملياتها واستهداف تزويد السوق المحلية بحاجتها من السيارات.

الجدير بالذكر أن المنطقة الصناعية بمدينة الملك عبدالله الاقتصادية تضم حالياً 23 مصنعاً تم تخصيص 5 مليون متر مربع لها، ومن المقرر أن يبدأ تشغيل الميناء البحري بالمدينة الاقتصادية في منتصف عام 2013م، كما تجدر الاشارة إلى أن شركة عبداللطيف جميل تملك حق استيراد وتوزيع سيارات تويوتا ودايهاتسو في المملكة وفي عدة دول أخرى وتعتبر أكبر موزع مستقل لسيارات تويوتا على مستوى العالم، كما تملك خطوط إنتاج لمنتجات ما بعد البيع (قطع غيار ومستلزمات السيارات) في العديد من دول العالم.

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^^ Well, thats good...

Saudi Arabian Airlines to develop green technology park

Saudi Arabian Airlines has announced plans to develop a green technology park at King Abdullah Economic City, north of Jeddah.

The ambitious project will be located on a 10,000 square metre plot of land in the economic city’s industrial valley, with onsite research, development and data centres to serve the airline and other tenants at the forthcoming business hub.

“We want to pioneer a green technology park to act as the nucleolus of technology innovation, research and development for Saudi Arabian Airlines, as well as other companies in the economic city and wider region as a whole,” said Muhammed Ali Albakri, vice president of information technology at Saudi Arabian Airlines.

“Upon completion in 2014, there’s an excellent chance that our park will become the first facility that offers technology services to other tenants at King Abdullah Economic City. Data centre solutions, such as co-location, hosting services and even complete infrastructure outsourcing could easily be provided to interested parties.”

In addition, a 15,000 square metre office complex is being opened in the economic city’s business zone, which will become the headquarters for Saudi Arabian Airlines’ entire IT division and consolidate the airline’s various call centres; with four existing call centres being brought together under one roof.

“We expect to takeover the new headquarters by the third quarter of 2012, after which we will continue to finish the internal design and fittings,” stated Albakri, adding that various housing options have been earmarked for the estimated 1800 employee families that will be relocated once the building is operational.

“We are working with the economic city’s management to arrange a large spectrum of housing options for employees, including a homeownership programme. Most employees will be housed in a specific area developed for Saudia, although options will be available to rent or own properties in any of the city’s residential zones. The final details will be locked-in during the first quarter of 2012.”

it's too late the world around us going to rocket speed..

الرئيسية > الرياض الاقتصادي

في خطوة اقتصادية مهمة في مسيرة مدينة الملك عبدالله الاقتصادية
شركة عبداللطيف جميل توقع مذكرة تفاهم لنقل عملياتها إلى مدينة الملك عبدالله الاقتصادية


م. محمد عبداللطيف جميل والدباغ خلال التوقيع
جدة - الرياض

وقعت شركة عبداللطيف جميل مذكرة تفاهم مع مدينة الملك عبدالله الاقتصادية تقوم بموجبها شركة عبداللطيف جميل المحدودة بنقل جميع خدماتها اللوجستية إلى مدينة الملك عبدالله الاقتصادية، وتنص مذكرة التفاهم على أن تقوم شركة عبداللطيف جميل بشراء أرض بمساحة 1,5 مليون متر مربع في المنطقة الصناعية بالمدينة الاقتصادية لتطوير مركز التوزيع الوطني التابع لها والذي يضم مرافق تخزين وتركيب اكسسوارات السيارات التي تقوم شركة عبداللطيف جميل باستيرادها وبيعها بالمملكة.

كما تنص مذكرة التفاهم على أن يتولى الميناء البحري بمدينة الملك عبدالله الاقتصادية بتطوير وتشغيل رصيف ومحطة مناولة خاصة بإستقبال سفن الدحرجة ‏بمواصفات عالمية للقيام بأعمال المناولة اللازمة للسيارات والمعدات بكفاءة عالية، كما تنص المذكرة أيضا على أن تقوم شركة عبداللطيف ‏جميل بالإستحواذ على أراضي سكنية في مدينة الملك عبدالله الاقتصادية بغرض توفير حلول سكنية إختيارية مناسبة لموظفيها وموظفي الشركات التابعة لها وإقامة حي سكني متكامل لتوفير سكن إختياري لهم في المدينة الاقتصادية، وأن تقوم الشركة ببحث إمكانية إقامة خط تجميع وتركيب قطع غيار للسيارات داخل منطقة الإيداع التابعة للميناء البحري بالمدينة الاقتصادية بغرض إستخدامه لخدمة السوق المحلية.

وفي هذا السياق قال رئيس مجلس إدارة هيئة المدن الاقتصادية عمرو بن عبدالله الدباغ بأن استقطاب شركة وطنية رائدة مثل شركة عبداللطيف جميل في مدينة الملك عبدالله الاقتصادية يعد إنجازاً لمدينة الملك عبدالله الاقتصادية ويأتي تأكيداً للرؤية الثاقبة لخادم الحرمين الشريفين الملك عبدالله بن عبدالعزيز في أن تكون مدينة الملك عبدالله الاقتصادية جاذبة للاستثمارات المحلية والأجنبية وأن تعمل كمحرك اقتصادي مهم في المملكة لتوطين رأس المال السعودي وإيجاد الوظائف وتحقيق أهداف التنمية في المملكة.

من جهته قال المهندس محمد عبداللطيف جميل الرئيس التنفيذي لشركة عبداللطيف جميل أن تنفيذ هذا المشروع المهم يأتي ضمن خطة شركة عبداللطيف جميل الاستراتيجية والتي تهدف إلى بناء قاعدة لوجستية مركزية لعملياتها واستهداف تزويد السوق المحلية بحاجتها من السيارات.

الجدير بالذكر أن المنطقة الصناعية بمدينة الملك عبدالله الاقتصادية تضم حالياً 23 مصنعاً تم تخصيص 5 مليون متر مربع لها، ومن المقرر أن يبدأ تشغيل الميناء البحري بالمدينة الاقتصادية في منتصف عام 2013م، كما تجدر الاشارة إلى أن شركة عبداللطيف جميل تملك حق استيراد وتوزيع سيارات تويوتا ودايهاتسو في المملكة وفي عدة دول أخرى وتعتبر أكبر موزع مستقل لسيارات تويوتا على مستوى العالم، كما تملك خطوط إنتاج لمنتجات ما بعد البيع (قطع غيار ومستلزمات السيارات) في العديد من دول العالم.

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They should change the name. :bash:

Seriously everything revolves around the royal family in Saudi Arabia it seems.

They should change the name. :bash:

Seriously everything revolves around the royal family in Saudi Arabia it seems.

also, many of places and projects in Iran, bearing image and name Khomeini

For example:

Biggest airport in Iran "Imam Khomeini International Airport"

^^ right , Instead these places Should be in the name of Sahabas and martyrs who died for Good Cause,

^^
The last three posts :weird:

As long as the country getting nice projects, name doesn't matter...

18 مليار ريال استثمارات في مدينة الملك عبدالله

كشف الرئيس التنفيذي لشركة إعمار المدينة الاقتصادية في السعودية فهد الرشيد أن المدينة استطاعت جذب استثمارات صناعية محلية وعالمية بقيمة تصل إلى 18 مليار ريال.

وأكد الرشيد في لقاء مع "العربية" على هامش المنتدى الاقتصادي العالمي أن تشغيل ميناء الملك عبدالله سيبدأ العام المقبل, وقبله سيتم تشغيل عدد من المصانع والقطاعات الخدمية مثل التربية والتعليم والفندقة خلال العام الجاري.

ولفت إلى أن تأخر المشاريع يعود لضخامة الأعمال، وأن ميناء المدينة الاقتصادية ضخم وسيبدأ تشغيله في عام 2013.

وأوضح الرشيد أن المنطقة الصناعية تشهد أعمال جادة حيث تم تأجير 6 مليون متر مربع، ويجري الآن تطوير 6 ملايين متر مربع أخرى.

وقال إن افتتاح المدينة والانتهاء من الأعمال بها سيكون في 2025، إلا أننا نجحنا في جذب عدد كبير من المستثمرين وسيفتحون مشاريعهم في 2013.

وأوضح أنه يتم التركيز حالياً على البنى التحتية للمدينة وسيشهد هذا العام تشغيل فندق في أكتوبر المقبل ومدرسة خلال شهر سبتمبر المقبل.

وقال "سيبدأ تشغيل ميناء مدينة الملك عبدالله الاقتصادية خلال 2013".

وحول الدعم الحكومي للمدينة قال الرشيد "الدعم الحكومي ينقسم إلى قسمين الأول هو تأسيس المدن الاقتصادية والتي تستهدف إيجاد بيئة مناسبة تنظم عمليات الاستثمار، والقسم الثاني من خطة الدعم هو في البنى التحتية، حيث تيتم بناء محطة قطار الحرمين ستقصر المسافة بين جدة والمدينة إلى 25 دقيقة فقط.

وأوضح أنه تم استقطاب استثمارات محلية وإقليمية وعالمية للمدينة مثل مشروع الراجحي للحديد وهو أكبر مشروع للحديد في المملكة العربية السعودية، وشركات عالمية مثل فايزر وبعض الشركات العالمية يدخل للمرة الأولى المملكة.

وقال إن الاستثمارات التي وقعت عقودها بين 17 و18 مليار ريال في المجال الصناعي.المصدر: http://www.alarabiya.net/articles/2012/01/30/191450.html

Thanks for the update , will the other economic citeis still go ahead that have been annoucens or have they been scaled back like the one in madina for example

_4GyFZ68A6c

:cry::cry::cry:

VERY INFORMATIVE VIDEO!!

Bw0V-cTbwx4

^^^^^^
المدينة الاقتصادية ستنتهى سنة 2020م .

:banana:

وبعد هذا سنحتفل بإنجاز الوطن الكبير:cheers:

Saudi to get GCC's largest chocolate factory

The facility will be the second Mars factory in the region, with the first based in Dubai.

Mars Saudi Arabia is breaking ground on its new manufacturing facility in King Abdullah Economic City in Saudi Arabia. It will be one of the largest chocolate factories in the GCC.

The facility will be the second Mars factory in the region, with the first based in Dubai. Operational by 2014, it will produce Galaxy and Galaxy Jewels.

Mars Saudi Arabia has made an initial investment of $60m, with an additional $150m planned over the next ten years. The facility will be built to LEED standards and initially employ 60. A further 300 to 400 will be brought onboard once the factory is fully operational.

Fahd Al-Rasheed, MD and CEO of KAEC, said: “Our long-term partnership further proves that KAE has the ability to attract leading companies from diverse industries from across the globe."

Commenting on progress at KAEC, Al-Rasheed said it has already been linked to the Kingdom’s gas network, together with the commencement of Al Haramain Railway project, linking Makkah and Madinah via Jeddah and KAEC.

Ahmed Linjawy, president of industry and city services in KAEC, said: “KAEC has recently seen the completion of leasing the first phase of the Industrial Valley and the launch of the second phase."

اتمنا اني ازورها

«مدينة الملك عبد الله الاقتصادية» تدخل مرحلة الإنتاج الفعلي (http://aawsat.com/details.asp?section=43&article=663954&issueno=12134)

40 مليار ريال استثمارات مدينة الملك عبد الله الاقتصادية (http://www.bab.com/news/full_news.cfm?id=146406)

^^ Nice news...

King Abdullah Economic City (KAEC) – Saudi Arabia’s City of the Future?

http://www.moveoneinc.com/blog/wp-content/uploads/2012/03/King-Abdullah-Economic-City-in-Saudi-Arabia1-150x150.jpg

One of the leading examples of the Saudi Arabia Government’s determination to revitalize the economy and development of the country is the construction of the King Abdullah Economic City (KAEC), a mega project announced in 2005 by Abdullah bin Abdulaziz Al Saud, the king of Saudi Arabia.

Located in the Qadeema Region of the Red Sea, between the commercial hub of Jeddah and the two holy cities of Mecca and Medina, KAEC is expected to become a city for the new generation of Saudi citizens, a world class metropolis and industrial center offering employment opportunities.

The city is being built by a consortium led by real estate giant Emaar Properties and other Saudi investors, with SAGIA (Saudi Arabian General Investment Authority) being the main facilitator of the project. The construction began in 2006 and is expected to be completed in 2025. The total cost of the city, with a development area of 173 km², is estimated to be $86 billion. Upon completion, it is expected the city will become a home for two million people, generating up to one million jobs.

The King Abdullah Economic City, one of four metropolitan areas under construction in the country (out of six cities planned), should help in diversifying the oil-based economy by attracting direct investments. This will be the first place in the Kingdom allowing foreign nationals and companies to own property, which is recognized by the government as a new source of investment.

Although the new city will surely attract tourists and world travelers, this is not meant to be a tourist destination. The plan for each of the cities is to specialize in a certain industrial sector, attracting various foreign and Saudi businesses. KAEC’s main industrial focus will be on plastics, and a large part of the city is designated to become a “Plastics Valley.” The Kingdom’s petroleum resources represent a low cost source for derivatives, such as high-end plastics which will be manufactured in the “Plastic Valley” and used for different industries like automotive, biomedical, construction and food packaging applications. In addition, many other world industry leaders already recognized the potential and business opportunities of the KAEC, such as the UAE aluminum producer “Dubal”, French oil company “Total SA” and the US chocolate maker “Mars Inc.”

However, KAEC is not only touted for its business opportunities, but also for its lifestyle options. In addition to the industrial dimension, by the end of its construction, it should offer not only quality and luxurious housing, but also the infrastructure to include schools, universities, hospitals, excellent sports and recreational facilities, shopping malls and much more. Therefore, the King Abdullah Economic City is divided into six main zones:

- Industrial Zone, covering the area of 63 km², will be dedicated to industrial and light manufacturing facilities, to include the “Plastics Valley”.

- The Seaport is estimated to cover 13.8 km², which will make it the largest seaport in the region with a capacity of more than 10 million containers per year. It is believed that this port will make KAEC a global hub for light industries. Another important feature of the port will be Hajj Terminal with a capacity to accommodate up to 300,000 pilgrims on their way to the holy Muslim cities of Mecca and Medina.

- The Residential Area should become home for more than half a million residents, and should be able to accommodate an additional 10,000 tourists. According to the plan, it will include 260,000 apartments and 56,000 villas, divided into smaller residential areas, surrounded by parks and green spaces.

- The Resorts Area is seen as a major future tourist destination, not only in Saudi Arabia, but in the entire Middle East. It should comprise120 hotels, with an estimated 25,000 rooms. Shopping areas and recreational facilities will also be built to include water sports facilities, an equestrian club, yacht club and many more.

- The Educational Zone will consist of a multi university campus, including two Research and Development parks. It is projected to have the capacity to accommodate 18,000 and 7,500 professors and staff members. Furthermore, a number of world class international primary and secondary schools will be available to the local and foreign community.

- The Central Business District (CBD) will consist of office and commercial space covering 3.8 km². Within the CBD, the Financial Island will be built, covering 14 hectares of land. It is planned to become the largest financial center in the region attracting the world’s leading banks, investment companies and insurance groups.

KAEC construction is ongoing, and although economic crises (particularly affecting the real-estate industry) has recently slowed down the construction, the city will be developed in phases which correspond to market conditions, in order to ensure an adequate return on investments.

Abdullatif Mohammed Salah Jamjoom & Bros to set up plant in KAEC




JEDDAH – King Abdullah Economic City recently signed an agreement with Abdullatif Mohammed Salah Jamjoom & Bros. for the purchase of 150,178 square meters of land at the Industrial Valley in KAEC to build a warehouse and logistics center for its products. The contract was signed by Fahd Bin AbdulMohsen Al-Rasheed, Managing Director and CEO of KAEC, and Jamal Abdullatif Jamjoom, delegated member of the board.
Al-Rasheed said "King Abdullah Economic City continues to attract giants from various local and international industries. KAEC’s Industrial Valley has been designed using the best standards in the world in planning the industrial zone and provides all the services necessary for the establishment of manufacturing and logistics facilities."
He added "KAEC is steadily advancing in its plans to establish a modern, civilized, integrated environment. As part of its integration plans, KAEC has formed strategic partnerships and agreements with various entities that can add value to its global vision."
"We were able to provide all the requirements and needs that local and international companies seek to insure their solid establishment in Saudi Arabia which is once again assured by today’s contract signature with one of the national pioneer companies with international potentials and standards," Al-Rasheed further said.
Ahmed Ibrahim Linjawy, President of the Industrial and City Services in KAEC, stressed the importance of the Industrial Valley. He said "KAEC’s Industrial Valley currently offers fully serviced land plots of various sizes with electricity, water, sewage network, telecommunications services, paved roads and storm water drainage system to prevent flooding. The Industrial Valley has been designed using global standards for industrial zones, to become a hub for a large number of local and global industrial companies looking to establish projects either through ownership or long-term lease."
He added "Phase I of the Industrial Valley has been leased to large local and international companies such as Pfizer, Sanofi Aventis, Mars, Greif, and TOTAL to name a few, with a total space of 1.6 million square meters. Phase II of the Industrial Valley is currently under development with an area up to 7 million square meters." – SG __

F00-KqXemWc

Mr Grosso where on earth have you been!!!!? welcome back bro :)

Nice video BTW...

my cousin used to work there and he says that nothing really going on over there
+
the people in the video just came from jeddah because a prince planned to visit the city
we suppose to see a huge city but we see a huge desert

F00-KqXemWc
تقرير رائع .. شكرا لك يا مستر جروسو

مارس تبني مصنعًا للشوكولاتة بتكلفة 210 مليون دولار

http://1.bp.blogspot.com/-FlfOWk1Vz6Q/T0Ed9Z6abfI/AAAAAAAAEIU/Td9omHMgij4/s1600/Factory_model_jpg.jpg

أعلنت مارس، الشركة الرائدة المصنعة للشوكولاته عن وضع حجر الأساس لمصنعها الجديد الواقع في مدينة الملك عبداللـه الاقتصادية، والذي سيشيد وفقًا لأحدث تقنيات المتبعة في صناعة الحلويات بتكلفة أولية تصل إلى 60 مليون دولار.
ويعد المصنع الجديد، الذي سيكون جاهزًا للعمل في 2014، ثاني مصانع مارس في المنطقة بعد مصنعها الأول في دبي. وسينتج كلاً من أصناف شوكولاتة جلاكسي وجلاكسي جواهر، ليصبح بذلك واحدًا من أكبر مصانع الشوكولاتة في منطقة الخليج العربي.
وخصصت شركة مارس العربية السعودية 60 مليون دولار للمشروع كاستثمار أولي، علاوةً على 150 مليون دولار إضافية ضمن خطة استثمارية تنفذها على مدى السنوات العشر المقبلة.
ويراعي المصنع معايير لييد (الريادة في الطاقة والتصميمات البيئية) للمباني الخضراء، وسيوظف ما يقرب من 60 موظفًًا مبدئيًا.
وأشار فهد الرشيد، العضو المنتدب والرئيس التنفيذي لمدينة الملك عبداللـه الاقتصادية: «إن شراكتنا طويلة المدى تؤكد قدرة مدينة الملك عبداللـه الاقتصادية على اجتذاب الشركات الكبرى من مختلف القطاعات ومن أنحاء العالم كافة.»
وأضاف: «نحن سعداء لوجود مصنع مارس في الوادي الصناعي لمدينة الملك عبدالله الاقتصادية باعتبارها إحدى الشركات الرائدة في مجال عملها.»
من ناحية أخرى بدأت المرحلة الثانية من التأجير في الوادي الصناعي والذي يتكون من خدمات ومرافق عالية الجودة لتعزيز مكانته كمركز صناعي وتشغيلي مثالي.

الصراحة خبر طيب

مشكور اخوي

Why they dont do for Snikers ,,:lol: ?

Mars is too much Sweet :ohno:

^^:lol:

i only like the icecream mars:nuts:

Why they dont do for Snikers ,,:lol: ?

Mars is too much Sweet :ohno:

+1 i like snickers salty chocolate :nuts: