Heyee guys,

does any body know anything about this Economic City, or any published stuff in the news?

Many thanks
yours, Jeddawi

Sorry its the other way around, Abdulaziz bin Musaed

my bad.

and where is it located?

http://www.pabmec.com/

Thanks for the link Riyadhi. nice site for information.

Ohh That's Hail Economic city isn't it?

stick to the topic

3 Majors to launch funds for Hail Economic City

Heralding a significant development in the real estate sector, Rakisa Holding Company has signed a strategic agreement with three major financial institutions in the region to launch several investment funds in Saudi Arabia’s Prince Abdul Aziz Bin Mousaed Economic City.

These funds will be pertinent to several economic sectors which the project is involved in, with total investments topping $2.9 billion (SR10 billion).

The institutions involved in the agreement, singed in Kuwait, include Kuwait Finance & Investment Company, Gulf Finance House and Abu Dhabi Investment House.

The various components include transport & logistics, down stream industries, mining, agriculture and food industries, infrastructure, education city, tourism development and housing.

Besides Rakisa Holding Company, the lead developer of the second economic city, the list of strategic founding members of the company include: Gulf Finance House (GFH), Abu Dhabi Investment House (ADIH), Kuwait Finance & Investment Company (KFIC), Tanmiyat Investment Group, National Investment Company, Al Abdulatif Group, Al-Rashid Group, Al-Qubaisi Group, BWC, Kanoo Group, Tanmiyat Group, Obekon Investment Group, PWC Logistics, Saudi Agricultural Group and others.

A specified percentage of funds will be raised through an IPO targeted towards Saudi nationals by the year end, as per the rules and regulations of the Saudi stock market.

Being the second in a series of new economic cities in the Kingdom of Saudi Arabia being planned by the Saudi Arabian General Investment Authority (Sagia), the Prince Abdul Aziz Bin Mousaed Economic City is a key component in Saudi Arabia’s recent initiative to further develop its economy, generate regional growth and create employment opportunities for its youthful population. The new city will be developed at Hail in the Northern region of the kingdom by Rakisa under the supervision of Sagia, which played a major role in the successful launch of the project recently.

Introducing the project, Ahmed Abdul Aziz Al Tuwaijry, managing director of Rakisa Holding Company, said: “Rakisa is honoured to be developing this economically significant project in cooperation with a prestigious group of core investors – local, regional and international. Hail is one of the Kingdom’s most attractive regions in terms of economic growth potential and investment opportunities. The region offers a strategic location, moderate climate, well-established agricultural sector and the potential for large mineral resources waiting to be exploited.”

Speaking on behalf of GFH, Chief Executive Officer and board member Esam Janahi, said: “The value proposition of the Prince Abdul Aziz Bin Mousaed Economic City centres around the development of a comprehensive transportation and logistics hub to take advantage of the region’s unique core strengths. Projects such as this create a rare niche for a diverse range of private sector investment opportunities. We are confident that, together with our partners KFIC, ADIH and Tanmiyat Investment Group, we will contribute to Rakisa’s efforts of creating global awareness about the project, and attract high value investors to the investment funds.”

Abdul Rahman Ali Al-Saeed, vice chairman and chief executive officer of KFIC, said: “We are delighted to be working with Rakisa Holding Company and to be part of a prestigious core group of regional investors. This includes GFH with whom we are collaborating with, through Bayan Holding Company, on similar groundbreaking economic projects such as Jordan Gate, Royal Village and Royal Resort & Spa in Jordan.”

Stating that the unique structure of the development would ensure its success and enhance its attractiveness, Rashad Janahi, chief executive officer of Abu Dhabi Investment House, said: “Covering an area of over 156 million sq m, the Prince Abdul Aziz Bin Mousaed Economic City will gain significant benefits from its unique multi-sector cluster-based development format, making it a very attractive investment option.”

The new Economic City will be divided into several primary clusters including the Logistics Centre, the International Airport, the Dry Port, the Agricultural Park, the Petrochemical Area, the Business Centre, the Mining Centre, the Down Stream Industries Centre, in addition to a comprehensive residential , entertainment and supporting services.

The company running the project has launched a “360 degrees of opportunities” programme since the foundation stone was laid down by King Abdulla Bin Abdul Aziz, the Custodian of the Two Holy Mosques. This programme includes investment opportunities in transport, logistics, down stream industries, mining, agriculture and food industries, education and knowledge based services, entertainment and housing.

These opportunities were presented in association with Sagia during a road show to regional and international investors in London, Barcelona, New York, Manama, Abu Dhabi, Kuala Lumpur, Mumbai, Seoul, Taipei; and today Kuwait is hosting these investment opportunities. The road show will then move on to Hong Kong, Shanghai, Beijing, Tokyo, Sydney, Sao Paolo and other stations in the last quarter of the year.
http://manager.albawaba.com/img/new_sys/mediabank/21426_mb_file_8bd27.jpg

someone should fix the thread name

when this city is going to be done ?

how many years ?

Here's a summery for what this city is all about.


•A premier commerce and industrial hub to promote for diversification in the economy. It will be the largest fully integrated economic city in the Middle East providing transportation and logistics services.

•Total outlays of SR30bn or $8bn over the coming 10 years to be funded fully by private sector. The size of the offer is $2399 million forming around 30% of the equity capital.

•Implementation begins in September 2006.

•Development will be headed by Rakisa Holding Company supervised by the Saudi Arabian General Investment Authority (SAGIA).

Major Shareholders:

•Saudi Arabia:
1.Ahmad Hamad Al Gosaibi and Brothers
2.Al Abdullatif Group
3.Al Jouf (Muflih Kayid) Company
4.Al Rashid Trading and Contracting Company
5.Hail Investment and Development Company
6.Rakisa Holding Company
7.Tanmiyat Group
8.Yusuf Bin Ahmed Kanoo Group

• Kuwait:
1.Kuwait Investment Company (KIC)
2.Public Warehousing Company (The)

• Bahrain
1.Gulf Finance House
2.National Investment Company

• UAE
1.Abu Dhabi Investment Authority
2. Abu Dhabi Investment House

Main activities:

•Exploiting the strategic location of the city as a link to number of trade routes to build infrastructure for transportation services; airports, dry ports, supply chain center and multi-modal passenger station.

•Specialized educational services in the form of colleges, research and training centers as well as public and private school in order to feed market demand for specialized manpower.

•Make the best out of the blessed region with substantial agricultural output by promoting for a special zone dedicated to agricultural services. Most importantly is an agricultural research center aiming to leverage regional output.

•Hosting conversions facilities in order to add value to extracted raw materials

•Developing an entertaining zone with expectations to attract around 700,000 tourists annually.

•About 30% of the funding was allocated to housing sector to establish around 30,000 housing units.

•More than SR6bn is assigned to improve overall infrastructure of the region especially in telecommunication services, water and power.

yours,
The Pianist

Here's a summery for what this city is all about.


•A premier commerce and industrial hub to promote for diversification in the economy. It will be the largest fully integrated economic city in the Middle East providing transportation and logistics services.

•Total outlays of SR30bn or $8bn over the coming 10 years to be funded fully by private sector. The size of the offer is $2399 million forming around 30% of the equity capital.

•Implementation begins in September 2006.

•Development will be headed by Rakisa Holding Company supervised by the Saudi Arabian General Investment Authority (SAGIA).

Major Shareholders:

•Saudi Arabia:
1.Ahmad Hamad Al Gosaibi and Brothers
2.Al Abdullatif Group
3.Al Jouf (Muflih Kayid) Company
4.Al Rashid Trading and Contracting Company
5.Hail Investment and Development Company
6.Rakisa Holding Company
7.Tanmiyat Group
8.Yusuf Bin Ahmed Kanoo Group

• Kuwait:
1.Kuwait Investment Company (KIC)
2.Public Warehousing Company (The)

• Bahrain
1.Gulf Finance House
2.National Investment Company

• UAE
1.Abu Dhabi Investment Authority
2. Abu Dhabi Investment House

Main activities:

•Exploiting the strategic location of the city as a link to number of trade routes to build infrastructure for transportation services; airports, dry ports, supply chain center and multi-modal passenger station.

•Specialized educational services in the form of colleges, research and training centers as well as public and private school in order to feed market demand for specialized manpower.

•Make the best out of the blessed region with substantial agricultural output by promoting for a special zone dedicated to agricultural services. Most importantly is an agricultural research center aiming to leverage regional output.

•Hosting conversions facilitiesin order to add value to extracted raw materials

•Developing an entertaining zone with expectations to attract around 700,000 tourists annually.

•About 30% of the funding was allocated to housing sector to establish around 30,000 housing units.

•More than SR6bn is assigned to improve overall infrastructure of the region especially in telecommunication services, water and power.

yours,
The Pianist

here is some pictures of the masterplan

Entertainment Area
http://www.pabmec.com/images/ar/map/Entertainment.jpg

Logistic Center
http://www.pabmec.com/images/ar/map/Imdad-Center.jpg

Airport
http://www.pabmec.com/images/ar/map/Airport.jpg

Dry Port
http://www.pabmec.com/images/ar/map/Dry-port.jpg

Business Center
http://www.pabmec.com/images/ar/map/Business-center.jpg

Residential Area
http://www.pabmec.com/images/ar/map/Residential.jpg

^ Can't see no picture! :(

Prince Abdulaziz Bin Mousaed Economic City In Hail

http://www.pabmec.com/images/en/logo.jpg

http://members.lycos.co.uk/waell/php/pic/Hail.jpg


The Kingdom Launches the Largest Economic City in the Middle East for Logistics and Supply Chain

Hail, Wednesday 14th of June, 2006 - The Custodian of the two Holy Mosques King Abdullah bin AbdulAziz Alsaud awarded the people of Hail an economic city named the Prince AbdulAziz bin Mousaed Economic City (PABMEC).

The city will utilize 156 million square meters with total funding of 30 billion riyals ($8 billion) over the next 10 years, which will be fully funded by the private sector. The detailed plans are being worked out and implementation will begin in September 2006.

The announcement came during festivities held in Hail last night celebrating the King’s first visit to the region since becoming monarch. PABMEC is the second economic city launched by the King in seven months, the first being the King Abdullah Economic City launched in Rabigh (west of Saudi Arabia) back in December 2005.

PABMEC will be developed by an investment Consortium supervised by the Saudi Arabian General Investment Authority (SAGIA) and headed by Rakisa Holding Company. The Consortium comprises companies from various GCC countries; from Saudi Arabia: Yousif bin Ahmed Kano Company, Ahmad Hamad Al-Qusaibi & Bros. Co., Tanmeeyat Group, Al-Rashid Trading and Contracting Co., Rashid bin Abdulrahman Al-Rashid & Sons Co., Abullatif and Company Group, Al-Jouf (Muflih Kayid) Co., and Hail Investment and Development Co. (under establishment); from the United Arab Emirates: Abu Dhabi Investment Authority, the Abu Dhabi Investment House, and the National Investment Co.; from the Kingdom of Bahrain: Gulf Finance House; and from Kuwait: Kuwaiti Investment Co., and General Warehousing Company which holds a stake in the largest logistics services company in the world, PWC Logistics.

The project aims to utilize the Kingdom’s second competitive advantage after energy, its strategic location as a link between East and West leveraging it 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, said His Excellency SAGIA Governor Amr Abdullah Al-Dabbagh.

He added that the project is a realization of the vision of the Custodian of the Two Holy Mosques and Crown Prince Sultan to develop the various regions of the country.

Hail’s strategic location in the heart of the Kingdom’s north and at the crosshairs of nautical, transportation and supportive service paths and the fact that it is only one hour by plane from 11 Arab capitals, has made it prime to host the Prince AbdulAziz bin Mousaed Economic City. This will be the largest economic city in the Middle East for logistic and transportation services, concluded Al-Dabbagh.

The chairman-elect of the board of directors of the new company which will be established to run the project, will be his Excellency Sheikh AbdulAziz Al-Quraishi who previously held the position of Governor of the Saudi Arabian Monetary Agency (SAMA). He has also sat on the board of directors of a number of major corporations in Saudi Arabia such as the Saudi Industrial Investment Group. His Excellency thanked the Custodian of the Two Holy Mosques for supporting this investment initiative.

Abdullah Ibrahim Al-Rakhis, chairman of the board of directors of Rakisa Holding Company, the investment Consortium leader, said PABMEC is a leap forward in the economy of the Middle East as a whole and not just that of the Kingdom of Saudi Arabia. Benefits will be felt in the various sectors of the economy especially in the agricultural, mining, conversion industries, educational and residential ones. In addition, PABMEC will also contribute to the doubling of per capita GDP in Hail within the coming 10 years.

Main activities of the Prince AbdulAziz bin Mousaed Economic City

The city will become home to a number of activities which will form an integrated economic unit and represent the major economic stronghold of the Northern region.

The following activities aim to utilize regional resources:
• Logistics and Supply Chain
• Education
• Agriculture & Food Processing
• Mining and Industry
• Entertainment
• Housing
• Infrastructure

Logistics and Supply Chain
The work plan has focused on utilizing the strategic location of Hail in building an infrastructure for transportation services, seeing that Hail represents a link to a number of trade routes. Therefore, an international airport and dry port will be established as well as a supply chain center and a multi-modal passenger station.

Adding to that will be the distribution of nearly 1.5 million tons of products annually through the dry port and operations center planned on a 210 square kilometer area. As for land passengers, 2.3 million travelers are expected to pass through the city.

Education
An entire zone will be dedicated to educational services provision in the form of colleges, research centers, vocational and training centers as well as public and private schools. The idea stems from the importance of spreading specialized education to feed market demand for specialized manpower. This will help increase the productivity rate and fuel the need for a strong, trained and skilled workforce. The education zone will be spread across 10 square kilometers and expected to serve nearly 40,000 students.

Agriculture
Hail and the Northern region of Saudi Arabia are blessed with a sizeable agricultural output, prompting a special zone dedicated to agricultural services. The area will group a number of services that support and develop this economic sector through activities linked to the various stages of crop growing and harvest, processing and storage. The most important is an agricultural research center that serves the people of the region with the aim of increasing output whether in storage facilities or operating a number of plants. The produce will be designated for local and export consumption.

Mining and Industry
The need to have the functions of PABMEC be in line with available resources in the region is vital; therefore, it was important to focus on utilizing resources such as minerals and raw materials in building a number of conversion industries.

Entertainment
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. PABMEC is expected to attract nearly 700,000 tourists annually, providing additional investment opportunities in hospitality and tourism-related industries. Visitors will also benefit from a host of planned advanced healthcare facilities.

Housing
10 billion riyals ($2.7 billion) out of the total funding were earmarked for the housing sector, which will witness the development of 30,000 housing units, accommodating nearly 140,000 inhabitants.

Infrastructure
The investment in infrastructure, which will exceed 6 billion riyals ($1.6 billion), will assist in improving the overall infrastructure of the region, especially with respect to telecommunications, water and power needs. It is expected the project will add 3,300 kilometers of paved roads to the region.

About Rakisa
Over the last 13 years, Rakisa Holding Company has invested in a number of telecommunications and infrastructure projects throughout Saudi Arabia and neighboring GCC countries. Rakisa believes in leading investment consortia comprised of Saudi and foreign investors who bring value-added input. Through its various investments, Rakisa has helped create 60,000 job opportunities, generate revenues in excess of 22 billion riyals ($5.8 billion), as well as manage assets worth over 5 billion riyals ($1.3 billion).

Hail Economic City

In the center of the Kingdom of Saudi Arabia, lies the city of Hail, situated between Al Jawf, Saudi’s Northern Region, Al Qassim, Al Madinah, and Tabuk. Hail is also located on the crossroads of all the navigational, trade and transportation routes for the Middle East. This strategic location was instrumental in choosing the city of Hail to embrace Prince Abdulaziz Bin Mousaed Economic City, a city that will be the link between the East and the West.

About Hail :

In the center of the Kingdom of Saudi Arabia, lies the city of Hail, situated between Al Jawf, Saudi’s Northern Region, Al Qassim, Al Madinah, and Tabuk. Hail is also located on the crossroads of all the navigational, trade and transportation routes for the Middle East. This strategic location was instrumental in choosing the city of Hail to embrace Prince Abdulaziz Bin Mousaed Economic City, a city that will be the link between the East and the West.

Master Plan :

http://alyagot.com/uploader/uploads/Master_Plan.jpg

Project Components :

Logistics and Supporting Services Center

The Logistics Center in Prince Abdulaziz Bin Mousaed’s Economic City represents the gateway of the North for the Kingdom. The city will be the meeting point of all cargo shipments by land, using roads and/or trains. It will provide high quality services such as transportation and storage, in addition to value added services like packaging, wholesaling, and supporting services like shipments customs clearing. A computerized and IT system will be the backbone of this sector, in turn providing thousands of job opportunities for Saudis through small and medium sized businesses

http://www.pabmec.com/images/ar/map/Imdad-Center1.jpg

Hail Airport

Hail Airport in Prince Abdulaziz Bin Mousaed Economic City will become the lifeline of all surrounding countries in the area; the beat of all economic life. Its strategic location will enable it to serve as a hub for logistics services, centrally located within the Kingdom on the crossroads of all surrounding navigational and business routes. More importantly, it’s just an hour flight away from 11 Arab capitals, a central location that will increase mobility in the area and enrich all business sectors in Hail with economic activity.

http://www.pabmec.com/images/ar/map/Airport1.jpg

Dry Port

The Dry Port in Prince Abdulaziz Bin Mousaed’s Economic City is a strategically located hub for transportation to and from Hail, benefiting from its’ location on the crossroads of all land, air and train routes that link the Kingdom to the world, creating a gateway of the North for the Kingdom. Located nearby the Airport, this port will provide services for all economic sectors in the city, including temporary storage facilities and cargo transporting, equipped with the latest in warehousing, handling and transporting services from trains to trucks and vice versa, transporting approximately 1.5 million tons of cargo by year 10 of operations.

http://www.pabmec.com/images/ar/map/Dry-port1.jpg

Passenger Station

Prince Abdulaziz Bin Mousaed Economic City’s Passenger Station will serve thousands, domestically and internationally, as a transit stop for pilgrims, travellers and tourists alike. It will also provide services to land travellers whether by car, bus, or by train. The station will be used by approximately 2.3 million travellers annually by its’ tenth operating year. The total cost of building and developing the passenger station is approximately SAR 455 million.

http://www.pabmec.com/images/ar/map/Passenger-Station1.jpg

Business Center

The Business Center in Prince Abdulaziz Bin Mousaed Economic City will provide full financial and business support services for projects and institutes alike, endorsing businesses of all sizes in the region and creating a healthy competitive economy. This center plays an important role in the continuous development of investment opportunities.

http://www.pabmec.com/images/ar/map/Business-center1.jpg

Knowledge Area

Prince Abdulaziz Bin Mousaed Economic City has a goal of enriching and developing professionals and human resources and providing a center of education and training for young Saudi men and women, employing graduates in different economic activities in the city. 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 in the region. By its fourth operating year, the knowledge area will have over 40,000 students enrolled in schools, training centers and universities.

http://www.pabmec.com/images/ar/map/Educational1.jpg

Agriculture Industries

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 a future of transformation in the region into a mass agricultural market, a future of becoming the main food source and distributor for the region. The Agricultural Industries and Services Center is expected to attract over SAR 505 Million in investments only.

http://www.pabmec.com/images/ar/map/Agriculture1.jpg

Entertainment Area

Prince Abdulaziz Bin Mousaed Economic City’s Entertainment area depends greatly on Hail’s deeply rooted traditions, rich history, its beautiful landscapes, pleasant climate and its’ people’s well-known generosity and hospitality. These factors, together, make the city a perfect destination for family leisure and entertainment in the Kingdom. The Entertainment Area will provide visitors with numerous sport activities and entertainment; enriching residents’ lives with excitement

http://www.pabmec.com/images/ar/map/Entertainment1.jpg

Mining Center

Hail is rich with metals and minerals, thus, a mining station for the city is imperative, considering the opportunities this station will bring to Hail. Billions of Saudi Riyals are expected to be attracted in this sector, generating thousands of job opportunities.

http://www.pabmec.com/images/ar/map/Mining-City1.jpg

Petrochemical Industries Center

The Kingdom is rich in natural resources, which lead to the rapid development of this sector in the past few years. The petrochemical industry promises to create healthy investment opportunities for the region and to utilize all the Kingdom’s natural resources for the future.

http://www.pabmec.com/images/ar/map/Petro-chemical1.jpg


Residential Areas

The future economic activity in King Abdul Aziz Bin Mousaed Economic City will require adequate residential facilities, offices and supporting services. These residences and offices will accommodate tens of thousands of employees in the city, over 80,000 residents are expected to live in the city. 30,000 units in total have been proposed, as well as 3000 office spaces. All these real estate opportunities will reel in over SAR 10 billion in investments. The city will not be complete without supporting health services, hospitals and clinics, and supporting social services, all helping to complete a fully functional society residing in the city.

http://www.pabmec.com/images/ar/map/Residential1.jpg

Infrastucture

A city with this size and these qualifications requires a revolutionary transformation in the area’s infrastructure. Plans for roads, railways and a communications web, with guaranteed sources for energy and water have all been proposed, ensuring a complete and comprehensive city structure. Investments in this sector are anticipated at over SAR 5.5 billion, also providing thousands of job opportunities for Saudis.

http://www.pabmec.com/images/ar/22.gif

http://www.pabmec.com/en.php

:cheers1:

wow big project.. Go Move For Ksa

إطلاق مشروع تقني لتوظيف 600 فتاة باستثمار 21.8 مليون دولار في فبراير

ضمن «وادي المحتوى الإلكتروني» في مدينة الأمير عبد العزيز بن مساعد الاقتصادية


الرياض: مساعد الزياني
كشف لـ«الشرق الأوسط» المهندس عبد الله الرخيص رئيس مجلس إدارة شركة ركيزة المطورة لمدينة الأمير عبد العزيز بن مساعد الاقتصادية في حائل عن إطلاق مشروع لتوظيف 600 فتاة في مركز متخصص مفصول ضمن مشروع وادي المحتوى الالكتروني في المدينة الاقتصادية في الشمال السعودي.
وذكر الرخيص أن مشروع وادي المحتوى الالكتروني الذي سيدشن في فبراير (شباط) المقبل ستضخ فيه استثمارات تصل إلى 82 مليون ريال (21.8 مليون دولار)، مشيرا إلى أن المشروع سيخصص في بدايته لتوظيف الفتيات ويهدف إلى توفير المحتوى الالكتروني لشركات الاتصالات والبنوك وللحكومة الالكترونية وشركات النشر.

وبين انه تجرى حاليا مفاوضات مع شركتي الاتصالات السعودية وموبايلي للمشاركة في توفير خدمات المعطيات في الوادي دون أن يعطي تفاصيل في هذا الموضوع حيال ما تمخضت عنه المفاوضات حتى الآن.

وأوضح الرخيص أنه سيتم الإعلان اليوم خلال الملتقى الاقتصادي الأول للمدن الذكية والذي تنظمه الهيئة العامة للاستثمار في العاصمة الرياض عن أن مدينة الأمير عبد العزيز بن مساعد الاقتصادية ستكون أول مدينة في العالم تطبق فيها جميع تطبيقات البنى التحتية الذكية، من خلال تحالفات تمت مع كبريات الشركات الدولية في هذا المجال. وأضاف أن شركته أبرمت اتفاقيات لتكوين فرق مشتركة مع شركات عالمية من بينها: انتل، وسيسكو سيستمز في هذا المجال، مستدركا أن هناك مدنا عالمية في الولايات المتحدة وسنغافورا تطبق البنى التحتية الذكية بينما سيتم في مدينة حائل الاقتصادية تطبيق جميع تلك التطبيقات.

وأكد الرخيص إن الشركة بدأت بإرسال عدد من المتدربين السعوديين إلى الولايات المتحدة الأميركية، كندا، ايرلندا، وسنغافورا للتدريب على تطبيقات البنى التحتية الذكية. من جهة أخرى ينطلق اليوم في العاصمة السعودية الرياض بحضور الدكتور كريغ باريت رئيس شركة إنتل العالمية الملتقى الأول للمدن الاقتصادية، والذي ينظم تحت مسمى المدن الذكية، وتشرف عليه الهيئة العامة للاستثمار برعاية شركة ركيزة القابضة، المطور الرئيسي لمدينة الأمير عبد العزيز بن مساعد الاقتصادية بحائل. وتسعى الهيئة العامة للاستثمار لإطلاق هذا الملتقى رغبة منها في صنع آلية للتواصل المستمر مع أصحاب العلاقة بشكل خاص وكافة شرائح المجتمع بشكل عام، من أجل طرح ومناقشة ما تم تحقيقه من تحضيرات لتأسيس المدن الاقتصادية بشفافية، مع إشراك الشرائح ذات العلاقة من أجل الحوار حول وجهات النظر المختلفة حيال جدوى إنشاء المدن الاقتصادية. وكذلك تسعى الهيئة من تنظيم الملتقى إلى زيادة الوعي العام حول المدن الاقتصادية وأهميتها وما يمكن أن يجنيه الاقتصاد من توفير فرص استثمار جديدة، وتنويع مصادر الدخل الوطني، وزيادة دخل الفرد، ورفع مستوى المعيشة، والتنمية الإقليمية المتوازنة لجميع مناطق البلاد، واستغلال الموارد الطبيعية الأخرى غير البترولية. وسيشهد الملتقى الأول للمدن الاقتصادية: الحوار الأول «للمدن الذكية» مشاركة الدكتور كريغ باريت رئيس شركة إنتل العالمية حيث سيلقي كلمة عن «توسيع أفاق التطور مع المجتمعات الرقمية». ويستهدف المنتدى بلورة الأفكار وتطبيقات المدن الاقتصادية حول العالم، والاستفادة من تجاربها، مع التركيز على الاستفادة من التطورات العالمية في قطاع تقنية المعلومات الذي يعد أحد القطاعات الإستراتيجية التي تركز عليها الهيئة العامة للاستثمار. وسيتخلل الملتقى مشاركة الدكتور محمد السويل محافظ هيئة الاتصالات وتقنية المعلومات بورقة حول تجربة مدينة الرياض في إقامة إحدى المناطق الذكية، بينما يشارك المهندس عبد الله الرخيص رئيس مجلس إدارة شركة ركيزة القابضة بورقة عمل حول تطوير البنى التحتية لمدينة الأمير عبد العزيز بن مساعد الاقتصادية.


http://www.asharqalawsat.com/details.asp?section=6&issue=10245&article=397067

رأسمال يصل لنحو 7.5 مليار ريال
"ركيزة" السعودية تطرح30% من أسهمها للاكتتاب في الربع الاول من 2007

http://www.alaswaq.net/files/image/large_76022_2322.jpg

الرياض-رويترز

قالت شركة ركيزة القابضة السعودية، التي تقود اتحاد الشركات الذي يتولى إنشاء مدينة الامير مساعد بن عبد العزيز الاقتصادية في المملكة، إنها تعتزم طرح حصة قدرها 30% من رأسمالها في إصدار عام أولي للاسهم في الربع الاول من 2007.

وقال عبد الله الرخيص رئيس ركيزة القابضة في مؤتمر صحفي بالرياض اليوم السبت 16-12-2006،إن رأسمال الشركة يصل إلى نحو 7.5 مليار ريال (الدولار يعادل 3.75 ريال، مضيفاً أن الاصدار العام الاولي سيشمل حصة قدرها 30% من رأس المال وسيطرح للاكتتاب في الربع الاول من العام القادم 2007.


وتقود ركيزة اتحاد الشركات الذي يتولى تنفيذ مشروع مدينة الامير مساعد بن عبدالعزيز الاقتصادية الذي تبلغ قيمته 8 مليارات دولار في مدينة حائل، وسيضم المشروع مطارا جديدا ومناطق صناعية وسكنية.

وقال احمد التويجري عضو مجلس الادارة المنتدب لـ"ركيزة" في سبتمبر/ايلول الماضي، إن الشركة تعتزم بيع 150 مليون سهم في اصدار عام أولي بحلول نهاية العام الحالي، مشيراً في ذلك الوقت إلى أن رأسمال الشركة سيكون 5 مليارات ريال، ولم يذكر الرخيص سببا للتأجيل.

وأرجات شركات اخرى في دول الخليج العربية اصدارات عامة اولية هذا العام 2006، وسط هبوط حاد في أسواق الأسهم في المنطقة خفض إلى النصف قيمة الاسهم المتداولة في البورصة السعودية أكبر سوق للاسهم في العالم العربي.

http://www.alaswaq.net/articles/2006/12/16/4817.html

why the f*&k would you name an economic city after a prince. He is not even a king or wali al ahd which seems exceptable. Why every major road, bridge, or project in the gulf has to be named after a royal family memeber.
i know a lot of saudis respect the royal family but that doesn't give the right to name everything after somebody that maybe have done nothing to help his country so far.

SR 7.5 billion!
great news :)



ahmed, i think it's better to discuss the project itself instead of its name!

Hail Silicon Valley to Create 600 Jobs for Women




Tuesday, December 19, 2006



Rakisa Holding, the lead developer of Prince Abdul Aziz ibn Musaed Economic City (PABMEC) in Hail, plans to launch a silicon valley project to create at least 600 jobs for women, according to Abdullah Al-Rakhis, chairman of the company. He said the project, which is estimated to cost SR82 million, would be launched in February 2007.

He said the silicon valley would supply electronic products required by banks, telecom and publishing companies and e-government. “We are currently holding negotiations with Saudi Telecom and Mobily to participate in the project,” Al-Rakhis said.

He said PABMEC would be the first city in the world to introduce all smart infrastructure applications by reaching a deal with specialized international companies.

Rakisa has already signed agreements to set up joint teams in association with major companies such as Intel and Cisco Systems. “There are international cities in the United States and Singapore that use smart infrastructure. At Hail economic city, we will implement all these applications,” he said.

“We have started sending a number of Saudis to the US, Canada, Ireland and Singapore for training on smart infrastructure facilities,” he added.

The Riyadh smart cities forum, sponsored by Rakisa and organized by the Saudi Arabian General Investment Authority (SAGIA), was held yesterday highlighting investment opportunities in the four economic cities in Rabigh, Hail, Madinah and Jizan, that were launched by Custodian of the Two Holy Mosques King Abdullah in different parts of the Kingdom within a year.

Al-Rakhis emphasized the significance of the economic cities, saying they would increase job opportunities for Saudis, exploit special advantages of certain regions and achieve redistribution of population and infrastructure facilities. The new economic cities are expected to draw domestic investment worth nearly SR300 billion ($80 billion).

The first economic city launched in December 2005 in Rabigh (the King Abdullah Economic City) focuses on promoting energy- and transportation-related industries, while the second economic city in Hail is designed around transportation and related logistical services.

The Knowledge Economic City in Madinah will include a technology and knowledge-based industry zone; an advanced IT studies institute; an interactive museum on the life of Prophet Muhammad (peace be upon him); a center for Islamic civilization studies; a campus for medical research and biosciences; a retail zone; a business district; and residential zones including high rises.

The fourth economic city in the southern city of Jizan will have an industrial zone, a logistic service center, an energy-cum-desalt plant, a residential zone and a port. The economic cities are aimed at developing the Kingdom’s regions in a high-tech fashion while easing mounting pressure off the major cities’ infrastructures.

Arab News.

«ركيزة» السعودية تعرض فرص الاستثمار لشركة جنرال الكتريك العالمية

الرخيص: حجم الاستثمارات المتوقعة في مدينة حائل الاقتصادية يتجاوز 46 مليار دولار خلال 15 سنة

http://www.asharqalawsat.com/2007/02/03/images/economy.404638.jpg

الرياض: مساعد الزياني

كشف المهندس عبد الله الرخيص رئيس مجلس إدارة شركة «ركيزة القابضة» المطوّر الرئيسي لمدينة حائل الاقتصادية عن حجم الاستثمارات في مدينة الأمير عبد العزيز بن مساعد الاقتصادية إلى 175 مليار ريال (46.6 مليار دولار) عبر 15 عاما، ومن خلال المراحل الثلاث لتطوير مدينة حائل الاقتصادية، مشيراً إلى أن تلك الاستثمارات ستخلق 215 ألف وظيفية.
وذكر الرخيص أنه خلال المرحلة الأولى سيتم استثمار6.4 مليار ريال (1.7 مليار دولار) في البنى التحتية، و30 مليار ريال (8 مليارات دولار) ضمن مشاريع الأعمال خلال الأعوام السبعة المقبلة، الأمر الذي سيؤمن أكثر من 30 ألف وظيفة، كما سيتم استثمار 9.8 مليار ريال (2.6 مليار دولار) في البنى التحتية و48 مليار ريال (12.8 مليار دولار) في القطاعات الاقتصادية الأخرى، وذلك خلال المرحلة الثانية من مدينة حائل الاقتصادية، مما سيؤمن 66 ألف وظيفة جديدة.

كما توقع بعد اكتمال المرحلة الثالثة، والتي ستشهد استثمار 13.7 مليار ريال (3.6 مليار دولار) في البنى التحتية و67 مليار ريال (17.8 مليار دولار) في القطاعات الاقتصادية الأخرى، تأمين أكثر من 119.000 وظيفة.

من جهة أخرى بحث المهندس عبد الله الرخيص فرص الاستثمار مع جيفري إيميلت رئيس مجلس الإدارة وكبير المديرين التنفيذيين في شركة «جنرال الكتريك» وفهد الرشيد وكيل محافظ الهيئة العامة للاستثمار ومجلس المدن الاقتصادية خلال زيارة قام بها رئيس مجلس إدارة شركة جنرال الكتريك لمدينة حائل الاقتصادية أمس. وبين الرخيص أنه تمت مناقشة آفاق التعاون مع شركة «جنرال الكتريك»، بالإضافة إلى استعراض خطط المدن الاقتصادية ووسائل جذب الاستثمار ودور الهيئة العامة للاستثمار لرفع تنافسية المملكة وجذب الاستثمارات الخارجية. وأشار المهندس عبد الله الرخيص إلى أن شركته تسعى إلى ترويج الفرص التي تتيحها مدينة حائل الاقتصادية على نطاق عالمي واسع، حيث تتزايد أهمية المدينة الاقتصادية في حائل كوجهة تستضيف العديد من الصناعات، ومن المتوقع أن تخطو خطوات واسعة على الصعيد الصناعي والتنوع الاقتصادي، مشيراً إلى أن اجتماعه بجيفري إيميلت الرئيس التنفيذي لشركة «جنرال الكتريك» يؤكد رغبتهم في استقطاب مستثمرين دوليين إلى السعودية. وأضاف إنه يضع في أول اهتمامات شركته توفير بنية تحتية ذكية ومرافق متطورة تساهم في دعم قطاعات التعدين والصناعات التحويلية ومواد البناء الأساسية بالإضافة إلى المرافق السكنية والصحية والتعليمية لإيجاد بيئة متميزة لسكان المدينة. من جهته أشار فهد الرشيد وكيل محافظ الهيئة العامة للاستثمار لشؤون المدن الاقتصادية إلى توجه السعودية لتوفير المتطلبات اللازمة لنجاح المدن الاقتصادية لجذب الاستثمارات المحلية والعالمية وتحسين البيئة الاستثمارية والتشريعية في المدن الاقتصادية.

يذكر إن عمليات شركة «جنرال الكتريك» تنتشر حول أكثر من 100 دولة حول العالم عبر فريق عملها والذي يزيد300 ألف موظف، وتتنوع الخدمات والمنتجات التي توفرها الشركة بين محركات الطائرات ومولدات الطاقة وتقنيات معالجة المياه وأنظمة الحماية وحلول التصوير الطبي وخدمات تمويل العملاء والمشاريع وخدمات المحتوى الإعلامي والتسويق الدولي.

Rakisa has been very active in promoting the city and Attracting investments.

The question is, when will the start the ground breaking?

wooo! look at me! look at me! i want to live in Prince Abdulaziz Bin Mousaed Economic City!! It sounds soooo cool...and the best part is that when I want to send a letter anywhere..and I start writing who it's from...the name of the city will take up half the envelope!! woo hoo!! And of course all the Western investors are going to come running because who doesn't want to be located in Prince Abdulaziz Bin Mousaed Economic City! It will sound way more impressive than..say....Dubai...or Jeddah...or Riyadh...or...those names are too short and boring and Westerners love the long Arabic names....they find it soo easy to say....it just rolls right off their tongue....

I think that it will eventually be called 'Hail Economic City'.

I hope so...or just Hail for that matter..

can some win tell me why saudi arabia is building so many retarded economic cities. i think if they spend the money in the infrastructure of saudi arabia, force saudis to participate in the labor force, change some retarded rules, then saudia will attract even more investment than this.

thats actually the point, it IS investment in infrastructure. I use to be cynical about such projects but the concept of a free trade zones for industrial and shipping development is appealing and can potentially provide a good return.

any updates :cheers:

Though i do feel proud the concept of diversification has finnaly taken place, and obviously the idea of spreading economic development which, in my opinion is essential, i still reject the idea of naming everything after a member of the saudi royal family, i meen for-good-ness sakes on one side of the coin, Saudi Arabia, is finnaly leaving this medevil tradition of centralized planning behind and embarking into a new world of dynamic economics, yet at the same time loosing threads with this medevil concept of 'everything grand has to be named after me' concept seems impossble to let go of?

lets take kuwaits recent Silk City development two of the towers will be named after members of royalty, but not the whole city, its a concept they have forgoten or left behind, i truely love saudi arabia, from the heart, and my realatives come from thier, i only say this because i truely would like to see saudi arabia, at its best, and i am sure that it will show the greatest improvments in the years to come!

^^agree with you it's should has unique names!

where is it located? Riyad, Jeddah...etc...?

Hey, Why is it named after Prince Abdul Aziz bin Musaed?? All I know about him is that he is the son-in-law of Prince al Waleed. Any additional info?

Prince Abdulaziz Bin Musaed Economic City to Create Quad Play Infrastructure with Cisco Technology
Project set to create plug and play ICT environment for businesses and residents
RIYADH, Saudi Arabia, January 26, 2008 - Prince Abdulaziz Bin Musaed Economic City today signed a strategic agreement with Cisco® for the information and communications technology (ICT) infrastructure development of what will be one of the largest logistics hubs in the Middle East. The collaboration will open up the possibility of next-generation quad-play connectivity (data, voice, video and mobile communications) to all businesses and residents operating within the city.

Located within the northern Saudi city of Hail, the Economic City is envisaged as an integrated commerce and industry hub stretching across 156 million square meters. Once complete, the project will boast an international airport, rail link, dry port and operations centre, and a supply chain centre within the logistics zone. Hail Economic City is projected to generate employment for 30,000 people and contribute to the doubling of Hail's GDP in the next decade.

Cisco will be providing the ICT technology architecture for this ambitious project, based on Cisco's Connected Real Estate solutions, through which all buildings in the city will be interconnected and controlled over a secured Internet Protocol (IP) network, which will help to centralize management operations and reduce the cost of day-to-day operation of the real estate. The network architecture will also provide a Radio Frequency Identification (RFID) infrastructure to enable automated asset tracking across the city.

"The technology infrastructure which will be deployed will be second to none and play a significant role in attracting global businesses to set up shop in the city. Furthermore, it will help create an enhanced quality of life and working experience for citizens working in this comprehensive logistics and mining hub," said Abdullah Taibah, CEO for Prince Abdulaziz Bin Musaed Economic City. "The ICT infrastructure will help companies reduce their capital and operational expenditures in addition to taking advantage of innovative services and enhanced convenience from such technology."

He added. "This is part of our commitment to develop world class infrastructure and help in efforts to boost the Saudi economy with more investments and creation of jobs for Saudi residents. Additionally, we project over 400,000 people will be working and living in the city in buildings designed to provide a unique lifestyle."

"We are committed to driving and supporting technology innovations for developing the Prince Abdulaziz Bin Musaed Economic City with Cisco's Connected Real Estate Initiative, developed to be a globally replicable model, to help expand and build entirely new cities with state-of-the-art networking technology," said Wim Elfrink, executive vice president and chief globalisation officer for Cisco. "A city wired from top-to-bottom with IP technology will play a major role in transforming real estate businesses and traditional industries like logistics, agriculture, energy and mineral mining."

About PABMEC
Prince Abdul Aziz Bin Mousaed Economic City (PABMEC) is a 30 billion SAR (US$8 billion) economic city occupying a total area of 156 million square meters and will be responsible for creating 30 thousand new job opportunities in Hail. PABMEC will have as its Primary Cluster-Based Sector Mining, Agro-Industrial and a Building Materials, which will be underpinned by a robust Transportation, Supply & Logistics Services Sector. The Airport, Dry Port, and Land Freight in addition to the Passenger Rail Service will be the city's economic nerve in addition to contributing to its dynamic growth. Moreover, PABMEC is strategically situated and only an hour by plane from 11 Arab and regional capitals, thus making it a natural hub and a regional focal point for the transportation of goods and people. The Knowledge Zone will have research facilities and centers of excellence linked to the city's Primary Economic Sectors which will be responsible for rehabilitating and training the necessary human resources thus contributing PABMEC's sustainable business development and growth of its knowledge base. In addition PABMEC will also be supported by a Commercial, Residential and Recreational Sectors.:cheers::cheers::cheers:

why the f*&k would you name an economic city after a prince. He is not even a king or wali al ahd which seems exceptable. Why every major road, bridge, or project in the gulf has to be named after a royal family memeber.
i know a lot of saudis respect the royal family but that doesn't give the right to name everything after somebody that maybe have done nothing to help his country so far.

:applause: TOTALLY agree!!! I mean I don't even know this prince..
I'm not saying that they should ban naming places after royals :speech:. What I'm saying is we need to diversify names <Just as we're trying to diversify the economy>, like naming places after people who really contributed to the SUCCESS of Saudi Arabia or people who have made a great achievement in the Arab or Islamic history or even the history of humanity. Whether royal or non-royal, Arab or non-Arab, Muslim or non-Muslim.
And folks thank you for listening :lol:

Bidding to begin for Hail economic city construction

Tender plans are sign of progress on project that has struggled to attract interest.

His Highness the prince of Hail region: the handing over land within the city of Prince AbdulAziz bin Mousaed Economic City ALMAL Company of Kuwait
OAS News 24/11/2008
Said His Royal Highness Prince Saud bin Abdulmohsen Bin Abdulaziz, Governor of Hail and Chairman of the supreme body for the development of the region by the General Investment Authority (SAGIA) to arrange the handover of land for the Prince Abdul Aziz Bin Mousaed Economic on Tuesday to the developer of the project (ALMAL Kuwaiti) entitled to the right Utilization of use and begin to develop the land, not a right of sale until the establishment of the developer of the project will have ownership of the land.

And issued his instructions enabling the company to carry out its tasks at the request of the General Investment Authority

^^ more info but in Arabic from a Kuwaiti news paper
http://www.alwatan.com.kw/Default.aspx?tabid=206&article_id=465390

if you notice they didn't say anything about Rakisa!

if you notice they didn't say anything about Rakisa!

http://www.alriyadh.com/2008/11/27/article390860.html

A consultant to draw up the masterplan for Hail Economic City is now set to be appointed in the first quarter of 2009, several months later than expected.
A number of international consultants are in negotiations with the developer, the Kuwait-based Al-Mal Investment Company, over the contract.

The developer has already identified the start-up area within the 156 square-kilometre site but has yet to decide on a consultant. Previously an award was expected by the end of November.

Tenders for the first construction packages at the economic city were expected in January 2009, but this is likely to be pushed back until the detailed engineering is complete.

The first packages are expected to cover ground preparation works, infrastructure and the construction of several sites within the city, including industrial, residential and commercial zones, as well as housing and other facilities for workers (MEED 24:10:08).

Hail Economic City, also known as Prince Abdulaziz bin Mosaed Economic City, is being developed as a transport and logistics hub, with the aim of attracting up to $8bn in investment over 10 years.

Hail Economic City masterplan to be awarded within weeks

Hail Economic City, also known as Prince Abdulaziz bin Mosaed Economic City

The masterplan contract for Hail Economic City is expected to awarded within weeks.
Two international consultants are in the running for the contract. They are Singapore-based Jurong International and Kuwait-based KEO International Consultants.

The contract was expected to be awarded by the end of November but, according to sources close to the project, negotiations are still ongoing and should be finalised by the beginning of February.

The developer, Kuwait-based Al-Mal Investment Company, has already identified the start-up area within the 156 square-kilometre site. Tenders for the first construction packages at the economic city were expected in January 2009, but this is likely to be pushed back until the detailed engineering is complete.

The first packages are expected to cover ground preparation works, infrastructure and the construction of several sites within the city, including industrial, residential and commercial zones, as well as housing and other facilities for workers (MEED 24:10:08).

Hail Economic City, also known as Prince Abdulaziz bin Mosaed Economic City, is being developed as a transport and logistics hub, with the aim of attracting up to $8bn in investment over 10 years.

انطلاق أعمال البناء في "حائل الاقتصادية" 24 فبراير
Translation:Construction work on Hail Economic city to be started in February 24
http://www.aleqt.com//a/small/10/107956e1b4119ed1a02da11d464e99dd_w430_h400.jpg

حبيب الشمري من الرياض

كشفت لـ "الاقتصادية" مصادر مطلعة أن مدينة الأمير عبد العزيز بن مساعد الاقتصادية في حائل ستدشن المرحلة الأولى يوم 24 شباط (فبراير) المقبل الذي يشمل بناء المركز الرئيسي للشركة، وأعمال بناء وتشييد مكاتب ومنشآت صناعية وتجارية إضافة إلى تأسيس مكتب الخدمة الشاملة التابع للهيئة العام للاستثمار.

ووفق المصادر فإن الأمير سعود بن عبد المحسن أمير منطقة حائل سيدشن هذه المرحلة رسميا، على أن يُعلن فيما بعد جدول زمني للمراحل التالية التي ستكون مربوطة بالمخطط الرئيسي للمدينة. ومن المنتظر أن يكون ضمن المشروع مرافق تعليمية تركز على البحوث والأعمال التطويرية من خلال مركز معرفي ومعاهد للبناء والتشييد والإمدادات والنقل والتدريب.

إلى ذلك أوردت نشرة "ميد" أمس أن عددا من الشركات الاستشارية العالمية دخلت في منافسة شرسة للفوز بعقد المخطط الرئيسي للمدينة الذي ينتظر ترسيته في غضون الأسابيع المقبلة.

وحسب النشرة، كان يفترض إرساء العقد في نهاية تشرين الثاني (نوفمبر) الماضي إلا أن المفاوضات، وفقا لمصادر قريبة من المشروع، ما زالت جارية مع الجهات المعنية على أن تستكمل في بداية شباط (فبراير) المقبل.

وتتنافس مجموعة من الشركات الاستشارية الراغبة في الحصول على العقد منها شركة "جرونق العالمية" Jurong Inter السنغافورية و"كيو العالمية" KEO Inter، مقرها الكويت.

وشركة المال للاستثمار الكويتية التي تسيطر عليها مجموعة الخرافي وقعت في العام الماضي عقدا مع الهيئة العامة للاستثمار في السعودية لتطوير مدينة حائل الاقتصادية. وأعلنت الشركة آنذاك إن الاتفاق يقضي بأن تؤسس المال للاستثمار شركة سعودية برأسمال خمسة مليارات ريال (1.33 مليار دولار) ستملك فيها حصة كبيرة وتبيع حصة للاكتتاب العام.

يشار إلى أن مدينة حائل الاقتصادية، المعروفة بمدينة الأمير عبد العزيز بن مساعد الاقتصادية، سيتم تطويرها لتكون مركزا للنقل والإمدادات والهادفة إلى استقطاب استثمارات بقيمة ثمانية مليارات دولار على مدى عشرة أعوام.

http://www.skyscrapercity.com/newreply.php?do=postreply&t=390220

gooooooood news

http://www.alriyadh.com/2009/02/13/img/142145.jpg
http://www.alriyadh.com/2009/02/13/article409265.html

looks okey , ppl of hail must be very excited :)

Logistics services sun rises on the mountains of Ajja and Salma..
Today .. The launch of strategic projects in the Hail Economic City

the Saudi investment authority Evaluates in cooperation with the developers of Prince Abdul Aziz Bin Mousaed Economic city capital investment company investment arm of the Kharafi Group ceremony announcing the release of several strategic projects and the signing of several agreements for the city of Prince Abdul Aziz Bin Mousaed Economic Hail on Tuesday.

These projects will contribute to making the region an integrated system of focal points for transport and logistics services, and a strategy for transport operations between the UK and the world benefit from its location at the intersection of the transmission lines and support services for the Middle East.

And Prince Saud bin Abdul Mohsen Amir Hail the insight and the generous support of the Custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz and Crown Prince Secretary, will contribute to making a quantum leap in the development of the programs, noting the importance of programs being implemented by the General Authority for Investment to attract investors and to support the national economy.

Prince Saud said: "Cities are a major economic catalyst to attract investments and create job opportunities to the youth home, and asked God to be helped and become the city of Prince Abdul Aziz Bin Mousaed economic renaissance of the title of the overall situation of our country, God willing, with the support the wise leadership of the economic cities."

The city of Prince Abdul Aziz Bin Mousaed Economic City's second economic cities announced by the Integrated Investment Authority in charge of the economic cities in Saudi Arabia, which lies north of Hail in Saudi Arabia, and an estimated 156 million square meters, the city also hosts a variety of economic sectors, the competitive will be built to complete the transport and logistics system, the international airport, and the dry port, railway and the north and south, and the station to transport passengers and cargo to the station, the status of an integrated transport and logistics, and a network of roads linking the city's network of main roads in the Kingdom.

The establishment of the city of Prince Abdul Aziz Bin Mousaed Economic belief in the importance of the balanced regional development of all regions of the Kingdom, and the implementation of the strategy of the General Investment Authority, which relies on the establishment of an integrated economic cities and distributed to the regions of the Kingdom in the north and south, east and west, where the selection strategy provides a number of sites including the Hail, and the establishment of such a resolution, the city was a strategic sector in the service of local and foreign business in the Kingdom, what would give them considerable scope for partnerships, including actors, in order to make the system of three regional and international integrated transport and logistics.

Has succeeded in attracting the investment of the Kharafi Group, one of the largest companies in the Middle East, in order to develop the city of Prince Abdul Aziz Bin Mousaed Economic.

Among the most important projects that the Kharafi Group plans to develop the main tourist resort of Port Ghalib in Marsa Alam in Egypt, which contains the Marsa Alam International Airport, which is a gate of the air south of the Red Sea, as well as Port Ghalib international seaport ranks first tourist to enter the formal Egypt from the south, in addition to a huge range of residential units and hotels. The total cost of the resort of Port Ghalib nearly two billion U.S. dollars.

http://www.aleqt.com/2009/02/24/article_199039.html

Hail economic city to be a major industrial hub
Khalil Hanware | Arab News

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An artist’s rendering of the Prince Abdulaziz bin Mousaed Economic City in Hail.

HAIL: The Prince Abdulaziz bin Mousaed Economic City in the northern province of Hail got a big boost yesterday with the signing of six agreements for its development. The city was planned by the Saudi Arabian General Investment Authority (SAGIA) to realize the vision of Custodian of the Two Holy Mosques King Abdullah.

The multibillion-dollar project also aims at strengthening the economy, achieving balanced regional development and creating more employment opportunities for young Saudi men and women.

The ground-breaking ceremony was attended by Hail Gov. Prince Saud bin Abdul Mohsen, Amr Al-Dabbagh, governor of SAGIA, Loay Jassem Al-Kharafi, chairman of Al-Mal Investment, the developer of the new city, and prominent businessmen from the Kingdom and Kuwait.

The agreement on the project for dry-port, passenger and cargo terminals was signed by Public Investment Fund (PIF), SAGIA and Al-Mal.

Another agreement was signed between SAGIA, Manpower Development Fund and Cadre Economic Cities Company to train 10,000 men and women. A similar agreement was signed between SAGIA, Hail University and Cadre.

The event also witnessed the signing of three more agreements for:

— Developing food and agricultural industries (between Al-Mal and Americana);

— Establishing an international hotel (Al-Mal and Rotana); and

— Building four residential and commercial towers (Al-Mal and Diyar Al-Kuwait real estate company).

Al-Mal, the investment arm of the M.A. Kharafi Group of Kuwait, aims to make the economic city a global business and industrial center that serves as a premier hub for transportation and logistics, mining, information technology, basic and traditional building materials, agricultural manufacturing, education and smart infrastructure.

The economic city, which is expected to be completed by 2025, will offer full range of commercial and community facilities with a mix of office, retail and entertainment activities as well as affordable residential neighborhoods supported by local community facilities such as schools, mosques, parks and health centers.

“This is an exciting time for the region. The new economic city in Hail will bring new impetus to the economy of the area and create thousands of jobs both during construction and in the long term as it becomes a logistical hub for many different industries. There will also be many social benefits with new schools, hospitals and an airport serving the northern part of the Kingdom,” Prince Saud said.

The city will have an area of 156 million square meters, and when completed will provide 55,000 new jobs and homes for 300,000 people.

After signing the contracts, Al-Dabbagh said: “The economic cities are a vital ingredient in the future of Saudi Arabia.”

“The Hail economic city will provide great benefits not only to the area but also to the Kingdom as a whole.

“The contracts signed today show the commitment to creating the best possible environment for a successful Saudi Arabia long into the future.”

Al-Kharafi was optimistic of the new project. “The construction of a mega project such as the Hail economic city is a complex and long-term job. Our experience in other mega projects around the Middle East and the partners we have signed contracts with will ensure that the new city fulfills the wishes and dreams of everyone involved,” Al-Kharafi said.

Ahmed Mohammed Ali, president of the Islamic Development Bank, who attended the event, told Arab News: “The Hail economic city will add new impetus to the Kingdom’s economic development in general and the Hail region in particular under the vision of King Abdullah. This region needs major economic boost, and I hope the new city will fulfill that commitment.”

“The hail economic city will significantly bolster regional development. The creation of economic cities will help build infrastructure which will ultimately contribute to the nation’s economy,” Fahd A. Al-Rasheed, CEO of the Emaar, the Economic City, the developer of King Abdullah Economic City (KAEC) in Rabigh, told Arab News. He also said economic cities will attract people from different parts of the Kingdom.

http://www.arabnews.com/?page=6&section=0&article=119620&d=25&m=2&y=2009

http://www.aleqt.com/a/199388_20751.jpg

looks okey , ppl of hail must be very excited :)

The growing importance of cities and local governments calls for a renewed or rather dispersed rural economic strategy geared to serving national, as well as corporate, objectives of reducing poverty, promoting broad-based growth, protecting the environment, and supporting effective institutions, has been realised since King Abdullah assumed the throne, the Kingdom of Saudi Arabia is realising the importance of these approaches, the younger generation of the Al Saud, are ambitious, and are influenced by a forward looking vision for national-development. Prince Abdulaziz bin Mosaed is an intelligent man, and the Hail province is lucky to have him as governor his realisation for achieving these objectives requires a closer working relationship between the local and national governments respectively inwhich the latter is assuming greater responsibilities for delivering services that have direct impacts on people's daily lives, in partnership with the national government and the communities themselves.

^^ well said vittelksa

The growing importance of cities and local governments calls for a renewed or rather dispersed rural economic strategy geared to serving national, as well as corporate, objectives of reducing poverty, promoting broad-based growth, protecting the environment, and supporting effective institutions, has been realised since King Abdullah assumed the throne, the Kingdom of Saudi Arabia is realising the importance of these approaches, the younger generation of the Al Saud, are ambitious, and are influenced by a forward looking vision for national-development. Prince Abdulaziz bin Mosaed is an intelligent man, and the Hail province is lucky to have him as governor his realisation for achieving these objectives requires a closer working relationship between the local and national governments respectively inwhich the latter is assuming greater responsibilities for delivering services that have direct impacts on people's daily lives, in partnership with the national government and the communities themselves.
Sauod Bin Abd almohsen is Hail's govener

sorry for the mistake rody69
H.R.H Prince Saud Bin Abd almohsen and all the governors of the kingdom are forward looking individuals, that are putting the countries development agenda in the forefront of there policies.

^^^ totally with you..look at all the changes and improvements in the last few years,it's the biggest evidence.

تأسيس شركة المال السعودية بـ 5 مليارات وطرح 30% من أسهمها للاكتتاب
عكاظ 27/02/2009
كشف المهندس أحمد المجلهم مدير المشاريع في شركة مال الكويتية ومشاريع مدينة الأمير عبدالعزيز بن مساعد الاقتصادية في حائل لـ"عكـاظ" عن أن الشركة في طريقها لتأسيس شركة المال السعودية وهي الشركة المطورة لمدينة حائل الاقتصادية برأسمال 5 مليارات ريال سعودي موزعة على 500 مليون سهم، ‏سيطرح منها 30 في المئة للاكتتاب العام وهي مخصصة للمواطنين السعوديين فقط وستكون جاهزة لطرح خلال الأشهر القليلة المقبلة.

وأوضح أن بداية عمل المدينة الاقتصادية سيكون بتنفيذ أربعة أبراج مكتبية وسكنية في الوسط التجاري في المدينة الاقتصادية على مساحة تزيد على 110 آلاف متر مربع ذات تصميم فريد وحديث في منظومة ممتعة لتغذي قطاع الأعمال للانتقال في المدينة وسيبدأ العمل خلال الشهر المقبل بعد التوقيع مع الاستشاري لدراسة المخططات التي سيتم تنفيذها أيضا بدأنا في الاتفاقيات مع هيئة الطيران المدني وسكة الحديد لتنفيذ المطار الدولي في المدينة وكذلك سكة الحديد فالمطار كان في المرحلة الرابعة من مشاريع المدينة الاقتصادية وتم تقديمه إلى المرحلة الأولى وخلال 24 شهرا سيكون المطار جاهزا في المدينة الاقتصادية.

وأشار إلى أن 80% من إجمالي الفرص الوظيفية في المدينة الاقتصادية مخصصة لأهالي حائل حتى الأحياء السكنية سيسكن فيها أهالي المنطقة وأنا أقول لأبناء حائل: أبشروا بالخير خلال المرحلة المقبلة فشركة المال الكويتية منكم وفيكم وستشاهدون نتائج العمل في أرض المدينة على أرض الواقع خلال الفترة المقبلة ولكن نعمل حاليا على تخطيط البنية التحتية السليمة للمدينة أو ما نسمية نحن كمهندسين العمود الفقري للمدينة وهي شبكة الطرق والكهرباء والماء.

translaed by google

The establishment of Saudi Arabia's capital and 5 billion raised 30% of its shares for public subscription
Okaz 27/02/2009
A Alcilhm Ahmed, director of projects in the Kuwaiti capital of the company and projects for the Prince Abdulaziz bin Mousaed Economic Hail to "jobs" that his company is on its way to the establishment of a company money which the company developed the Saudi city of Hail to the economic capital of SAR 5 billion spread over 500 million shares, which will be 30 percent for public subscription, which is reserved for Saudi nationals only, and will be ready to launch within the next few months.

The beginning of the work of the Economic City will be the implementation of four office towers and residential in the commercial center of the city, the economic area of more than 110 thousand square meters with a unique, modern design in the system fun to fuel the business sector to move in the city and will begin work next month after signing with the consultant to study designs to be implemented also in the conventions have begun with the Civil Aviation Authority and the railway for the implementation of the international airport in the city and the airport railway was in the fourth stage of the economic projects the city has been submitted to the first phase and during the 24 months the airport will be ready in the city economy.

He pointed out that 80% of the total job opportunities in the city earmarked for economic Hail up to the people of neighborhoods where people inhabit the region and I say Hail to the children: Cheer well during the next phase of Finance Company of Kuwait, and you and you Schahdon results of the work in the territory of the city on the ground during the coming period, but We are currently in the planning of the infrastructure of the city proper, or what we call the backbone engineers of the city, a network of roads, electricity and water.

WOW .. the airport was supposed to be built in the 4the phase but now it's in the first phase ..that means it'll be ready in 2 years ! . it's an exciting news for the people of Hail .

فوزي الجودر: اكتمال البنية التحتية لمشروع مدينة حائل الاقتصادية بحلول 2025
الوطن الكويتية 08/03/2009

أعلن المدير العام في شركة المال للاستثمار فوزي عبد الرحمن الجودر أن الشركة أسست شركة مملوكة لها بواقع %100 تحمل اسم المال السعودية لتنفيذ أعمال ما قبل تشغيل مشروع مدينة الأمير عبدالعزيز بن مساعد الاقتصادية (مدينة حائل الاقتصادية) على ان تؤسس شركة مساهمة عامة لتطوير مدينة حائل الاقتصادية سيطرح منها %30 للاكتتاب العام وهي مخصصة للمواطنين السعوديين فقط خلال الاشهر المقبلة.

وتوقع الجودر في تصريح خاص لـ «الوطن» اكتمال البنية التحتية لمشروع مدينة حائل الاقتصادية بحلول 2025 لافتا الى أن كل من الهيئة العامة للاستثمار السعودية وشركة المال للاستثمار وقعا اتفاقيات ومذكرات تفاهم لشركات تكاملية مع شركات محلية وعالمية، وذلك لاطلاق مشاريع عملاقة في مدينة حائل الاقتصادية وشملت المشاريع مذكرة تفاهم لانشاء وتطوير مطار مدينة الأمير عبدالعزيز بن مساعد و الميناء الجاف ومحطتي الركاب والبضائع بين الهيئة العامة للاستثمار وصندوق الاستثمارات العامة وشركة المال للاستثمار، اتفاقية تعاون بين الهيئة العامة للاستثمار وصندوق تنمية الموارد البشرية وشركة كادر المدن الاقتصادية من شأنها تدريب 10.000 آلاف موظف، مذكرة تفاهم جامعة حائل بين الهيئة العامة للاستثمار وبين جامعة حائل بهدف انشاء مركز أبحاث مشترك مع القطاع الخاص ضمن المنطقة التعليمية في المدينة الاقتصادية، بالاضافة الى تنفيذ الجامعة لبرنامج نقل التقنية وتنمية الموارد البشرية الى المدن الاقتصادية، مذكرة تفاهم اقامة مشروع تطوير الصناعات الغذائية والزراعية بين شركة المال للاستثمار وبين الشركة الكويتية للاغذية «امريكانا»، مشروع فندقي في المدينة الاقتصادية تقوم على تطويره شركة روتانا المتخصصة في انشاء وادارة وتطوير الفنادق العالمية، و مذكرة تفاهم اقامة أربعة أبراج مكتبية وسكنية بالوسط التجاري بالمدينة الاقتصادية على مساحة تزيد على 110 آلاف متر مربع ذات تصميم فريد وحديث في منظومة ممتعة لتغذي قطاع الأعمال للانتقال بالمدينة الاقتصادية.

وأضاف ان مدينة حائل الاقتصادية تقع على بعد 8 كيلو متر مربعة من مدينة حائل، وتقوم على تطويرها شركة المال للاستثمار الكويتية، وهي احدى شركات مجموعة الخرافي. وتهدف المدينة الى أن تكون من بين مراكز الأعمال والمدن الاقتصادية التي تشكل مركزا للنقل، والخدمات اللوجستية، والمعادن، ومواد البناء الأساسية والتقليدية، والتصنيع الزراعي، والتعليم، والبنية التحتية الذكية.

Translated by google

Fawzi Al Jowder: the completion of the infrastructure of the Hail Economic City project by 2025

Kuwaiti 08/03/2009

Director-General announced in a company money to invest Jowder Fawzi Abdel-Rahman, the company founded the company owned 100% by the name of Saudi money to the implementation of the pre-operation project for the Prince Abdulaziz bin Mousaed Economic (Hail Economic City) to establish a public joint stock company for the development of the city of Hail Economic 30% of which will be for public subscription, which is reserved for Saudi nationals only during the coming months.

Expected Jowder told Al «home» the completion of the infrastructure of the Hail Economic City project by 2025, pointing out that each of the General Investment Authority and Saudi Arabia, Al-Mal Investment signed agreements and memorandums of understanding for companies with complementary local and global companies, to launch mega projects in the city of Hail, including economic and Project Memorandum of Understanding for the establishment and development of Airport City, Prince Abdulaziz bin Musaid and the dry port and the two passengers and goods between the General Authority for Investment and Public Investment Fund and the Capital Investment Company, a cooperation agreement between the General Authority for Investment and Human Resources Development Fund and a cadre of economic cities would train thousands of employees 10,000, a note Hail University of understanding between the General Authority for Investment and the University of Hail, the purpose of establishing a joint research center with the private sector within the area of economic education in the city, in addition to the implementation of the university program for the transfer of technical and human resources development to urban economic development, a memorandum of understanding to establish a project for developing the agro-food industries and the company money Investment and the Kuwaiti company for food «Americana», a hotel project in the city based on the economic development of the company Rotana specialized in the establishment and management and the development of international hotels, and a memorandum of understanding setting up of four office towers and residential areas, the city's economic trade area of more than 110 thousand square meters with a unique design and an interesting system to fuel the business of the city's economic transition.

He said the Hail Economic City is located about 8 square kilometers of the city of Hail, and based on the development of Al-Mal Kuwaiti investment, which is one of Al-Futtaim Group. The city aims to be one of the centers of business and economic cities, which constitute a center of transportation, logistics, metals, building materials and traditional, agricultural, manufacturing, education, infrastructure and smart.

http://img257.imageshack.us/img257/5866/picture11c.jpg

* Logistics and transportation To complement existing road and rail infrastructure, a dry port, an inter-modal traveller station and a new airport will help to promote PABMEC as a logistics hub.

* Agro-industrial zone An agro-industrial zone, as well as agricultural training and research facilities, will help food processing industries to leverage the region's sizeable agricultural output.

* Recreation The provision of large recreation areas, parks, aquatic activities, entertainment and 'edutainment' facilities will make PABMEC a comfortable and enjoyable place to live.

* Business park A well-planned business district will offer state-of-the-art technology and reliable infrastructure to allow businesses to take full advantage of their presence in PABMEC.

* Industrial area Special focus on the planning of PABMEC's industrial area will ensure the appropriate mix and smooth operation and integration of various industry sectors.

* Education An entire area will be dedicated to educational services provision in the form of colleges, research centres, vocational and training centres, as well as public and private schools.

* Entertainment and tourism PABMEC will attract domestic tourists, in the form of both pilgrims and business visitors, who will create demand for hospitality, shopping and entertainment facilities.

* Residential areas PABMEC will have its own employment and living facilities, with 30,000 potential employment opportunities supporting demand for up to 15,000 residential units.

* Commercial zones High quality office space will be provided in well designed commercial centres – including PABMEC Downtown – that will also incorporate retail outlets, hotels, entertainment and civic land-uses.

* Infrastructure and utilities Envisaged as a 'smart city', PABMEC will incorporate all the necessary modern infrastructure and utilities required to ensure a high quality urban environment in which to live and work.


/* they have just launched their official website here (http://www.pabm-ec.com) , check it out for more information

وش صار على المشروع وهل بشتغلون الان في البنية التحتية وكذلك مدينة تبوك الاقتصادية فيه اخبار عنها
وهذي صور لخارطة المشروع
http://www.rumman.com/Y06/gen/hail-north-o-city-o2-16.jpg
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