Emaar, The Economic City
Real EstateMecca, Saudi Arabia201-500 Employees
KAEC is a comprehensive investment destination on the Red Sea coast, spanning 185 km² north of Jeddah. Owned and developed by Emaar, the Economic City, a publicly listed company on Tadawul with PIF holding a 55.55% stake, KAEC combines world-class industry, modern coastal living, and vibrant tourism. KAEC’s strategic Red Sea location provides access to more than 250 million consumers and strengthens connectivity between major global markets across Asia, Africa, and Europe, positioning the city as a gateway for regional and international trade. Key Components: • King Abdullah Port: One of the fastest-growing seaports in the world. • Industrial & Logistics Hub: Home to King Salman Automotive Cluster and leading companies including CEER, Lucid, Hyundai, and Pirelli, set to contribute SAR 92 billion to non-oil Saudi GDP by 2035. • KAEC SEZ: Tax and customs exemptions, 100% foreign ownership, streamlined one-stop-shop system, etc. • Central Business District: Commercial and business hub with modern facilities. • Residential Districts: Five integrated coastal neighborhoods offering contemporary beachfront lifestyle. • Resorts Area: Premium tourism and entertainment facilities including marina, hotels, and beaches. KAEC's integrated platform supports Vision 2030 through economic diversification, sustainable development, and creating opportunities for investment, innovation, and coastal living on the Red Sea.
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