King Abdullah Economic City hosts tour of financial experts

Jeddah, Saudi Arabia, March 10, 2007: Emaar, The Economic City (Emaar.E.C), the developers of the King Abdullah Economic City (KAEC), recently conducted a tour of the project for financial experts from various banks and other financial institutions in the Kingdom. 

Mr Hazim Kamel, Manager - Sales Agents, Emaar.E.C, accompanied the financial experts and also made a presentation to them highlighting the various facets of KAEC and the investment options available.

KAEC, the largest private sector project in the region, offers investment opportunities in six distinctive components: the Sea Port, Industrial Zone, Central Business District encompassing the Financial Island, Resort District, Educational Zone and Residential Communities. 

KAEC sprawls over 168 million sq m of land on the Red Sea coast. On-line registration for the Industrial Zone has already started. Work on the project is on-schedule with the Presentation Centre and access roads already completed.