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Old August 26th, 2013, 12:02 AM   #21
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Quote:
Originally Posted by el palmesano View Post
the real name of teh city is KING ABDULLAH ECONOMIC CITY???

they should call the ciy as the place where is located... sauns like the name of a project, not the name of a city.

The project is awesome!!!
Yes but we called it KAEC
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Old August 26th, 2013, 12:08 AM   #22
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Latest news

KAEC labour complex to reach news heights





King Abdullah Economic City (KAEC) in Rabigh is seeing a significant surge in foreign and domestic investments for the construction of residential and industrial facilities after more than 50 local and international companies have signed agreements with KAEC, some of which are in the process of setting up operations in the City while others are already operational.

Among the leading companies which are establishing their presence in KAEC and contributing to the overall economic and social development of the City, are USA's textile and plastic packaging firm Greif; pharma giants Pfizer and Sanofi Aventis; lubricants firm Total; Saudia Smart Technology Hub; Nesma Holding Co. Ltd and many others.

Commenting on this, Mohammed Othman Mallawi, Investor Relations Manager,*Red Sea Housing Services Company, explained that the huge interest from local and international investors in KAEC has accelerated the pace of business and projects in the City, which has subsequently boosted demand for labour camps across these projects. In this regard, he added that*Red Sea Housing Services*recently received the approval from the Economic Cities Authority (ECA) to begin construction of labour camps in King Abdullah Economic City.*

Mallawi further added that*Red Sea Housing Services*is set to begin construction of a SAR 50 million labour complex, spread across a 150,000 sq m area in KAEC, by the first quarter of 2014 to accommodate the workforce that is involved in the completion of KAEC and the staff of companies operating within the City. The labour complex project is expected to have a maximum capacity of 5,000 residents upon completion.
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Last edited by hqho1671; August 26th, 2013 at 12:14 AM.
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Old August 30th, 2013, 07:43 AM   #23
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great updates

Thank you ,, ^,^~
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Old September 1st, 2013, 12:41 AM   #24
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Toys ‘R’ Us chooses KAEC as key distribution hub






King Abdullah Economic City (KAEC) and Toys ‘R’ Us have signed a development lease contract for a 35,017 square-meter-plot in Phase 1B of the Industrial Valley where the famous toy retailer will build a distribution center that will be the hub for its expansion plan in Saudi Arabia and will ultimately create job opportunities in Toys “R” Us stores across the Kingdom.
“We are very happy to welcome Toys “R” Us to join the fast increasing number of local and international market leaders who have chosen KAEC Industrial Valley as the base from which to grow their market share in Saudi Arabia and the Middle East,” said Ahmed Linjawy, president of industry and city Services in KAEC.
Linjawy added: “KAEC supports investors and venture capitalists willing to invest in the Industrial Valley with a variety of owning and long-term leasing options. This enables them to benefit from many of the main services offered by the city.”
Omar Bakkar, GM, Toys “R” Us, said: “Choosing the Industrial Valley for the site of our distribution center is a key part of our five-year expansion plan to increase our market share in the Kingdom. Given the prime infrastructure and the excellence of the facilities and amenities, the deciding factors were the strategic location and logistical advantages that make KAEC the ideal location for our new Saudi hub.”
KAEC is one of the largest and most important economical projects run by the private sector in the Middle East, it covers a total area of 168 million sq m along the coast of the Red Sea.
Through its Industrial Valley KAEC has succeeded in attracting more than 50 national and international industrial companies
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Old September 2nd, 2013, 02:28 PM   #25
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Old October 24th, 2013, 05:01 AM   #26
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Emaar Economic City announces signed 3 contracts for linking the KAEC to the national electricity grid

With reference to the announcement posted on the TADWAUL website on 10/28/1433 H, regarding the signing of an agreement between the EEC and the Saudi Electricity Company to connect the King Abdullah Economic City to the national electricity grid, which EEC ended Procedures for approving three contracts a total value of 300 million riyals for the project of linking the King Abdullah Economic City (KAEC) to the electricity grid.
Emaar adopted 175 million riyals , a cost borne by Emaar in partnership with the Saudi Electricity Company in 380 Kilo / Volt *main convert station expansion Project and add adapters with a 380/110 KV capacity to secure 500 mega.volt.amper dedicated to king Abdullah Economic City. The Electricity Company singed contract with a company (AAB) for this project and it will supervise the functioning and work of the project for a period of 28 months.

Emaar has also signed a contract with the company (AAB) worth 85 million riyals for the design and implementation of the main convert-station 110/13, 8 KV capacity to secure 134 mega. Volt-ampere in the industrial zone of King Abdullah Economic City and the contract extends to 28 months.

Emaar also signed a contract with AL- Sharif group worth 35 million riyals to build transmission lines of 110 KV *between main convert station 380/110 KV and main convert station inside industrial area in KAEC , the duration of the contract is 28 months.
Emaar also approved 5 million riyals cost of supervising the implementation of these projects according to the specifications approved by the Saudi Electricity Company and supervise the procedures delivered to the Saudi Electricity Company upon completion of the construction work.
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Old November 5th, 2013, 07:48 AM   #27
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Mars

U.S. $60 million investment made in King Abdullah Economic City, Saudi Arabia

http://www.mars.com/global/press-cen...eId=94&Id=3408









finaly


[IMG]http://i44.************/vou4ok.jpg[/IMG]
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Old November 6th, 2013, 07:03 AM   #28
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KAEC awards SR300m deal for Al Waha’s first phase construction






Rezaik Al-Jedrawi Company has been awarded a contract valued at SR313 million for the construction of the first phase of Al Waha Community at King Abdullah Economic City (KAEC).
The first phase of Al Waha covers approximately 180,000 square meters and consists of 650 units offering both single and multifamily housing solutions. Construction will begin in October 2013, sales and pre-leasing will start in 2014; customer handover is scheduled for Q4 2015.
Speaking at the contract signing ceremony, Fahd Al-Rasheed, MD & CEO of KAEC, said: “We have planned the scope of residential accommodation at KAEC to cover all income levels and Al Waha is among the first communities within KAEC addressing the need for middle-income housing.”
Al-Rasheed added: “Al Waha is an innovative concept comprising several distinct villages organized around a system of open space corridors and roadways, complete with activity centers that provide places to worship, learn, shop, dine, socialize, play and relax in a landscaped setting that provides an aesthetically pleasing environment.”
Marzooq Abdulrazeq, GM, Rezaik Al-Jedrawi Company, said: “We are delighted at being awarded this contract and look forward to contributing our experience and expertise in mega construction projects of this kind, as well as being honored to play a part in the realization of this magnificent vision of Custodian of the Two Holy Mosques King Abdullah that looks far into the future for the benefit of Saudi citizens for many generations to come.
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Old December 8th, 2013, 08:36 PM   #29
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Alstom enters JV to build $64m factory in Saudi"King Abdullah Economic City"

by*CW Staff on Dec 3, 2013

[IMG]https://encrypted-tbn1.************/images?q=tbn:ANd9GcQag7W1s_xZxTX8W3JZ7TbNY0RbH3vQNkN2WbL-Uko8qMYSpUD-[/IMG]

French engineering giant Alstom has entered into a joint venture (JV) with Arabian Bemco Contracting Co. Ltd to build a $64m (SAR 240m) manufacturing facility near Jeddah, Saudi Arabia, which will produce power generation components.

Alstom Arabia Power Factory Ltd. will focus primarily on manufacturing heat recovery steam generators (HRSGs) which are used in combined cycle and cogeneration applications to increase thermal cycle efficiency and minimise fuel consumption.

Following the establishment of the factory, a second phase to the partnership is planned which will see the scope of the factory expanded to other power generation equipment.

The factory is to be located in King Abdullah Economic City, north of Jeddah, and will train and employ hundreds of Saudi nationals from the outset.

http://www.constructionweekonline.co.../#.UqSgao5RXFo
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Old February 7th, 2014, 06:19 PM   #30
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Quote:
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KAEC sea port
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Old February 1st, 2015, 11:35 PM   #31
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Is there any news about this project?
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Old October 28th, 2017, 11:15 PM   #32
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check this forum:

http://www.skyscrapercity.com/forumdisplay.php?f=933
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