King Abdullah Economic City (KAEC) is proceeding with its plans to prepare the Industrial Valley-phase two land plots in continuation of the first phase that is linked to King Abdullah Port.

Work has actually commenced on the ground and it is expected that the prepared land plots will be delivered to investors within 12 months.

Expert contractors are involved in the scheme, ensuring a comprehensive infrastructure and sophisticated services that fulfil the needs of companies looking to invest in the Industrial Valley.

Fahd Al-Rasheed, group CEO and managing director of King Abdullah Economic City, expressed his satisfaction with the rapid pace of the sales and leasing processes for lands in the Industrial Valley.

It indicates the trust of local and international investors in the promising opportunities offered.

Al-Rasheed said KAEC Industrial Valley is considered as the premier global destination for industries in the region due to the advanced infrastructure and integrated logistics services. He highlighted its direct connection with King Abdullah Port, the Haramain Railway and the Saudi land bridge.

This unique combination of transportation facilities enable investors to establish a distribution network accessing the largest market in the region.

Al-Rasheed said that the city has already completed the processing of a number of industrial land plots which will be available for delivery during the month of January next year, all of which will be fully equipped with the necessary requirements in accordance with international standards.

Rayan Qutub, CEO of the Industrial Valley in King Abdullah Economic City, explained that investors will benefit from the numerous service facilities available through specialized districts.

The gas district is one of them. It will be developed to provide natural gas for specific industries.

The technology Park that is master planned to host tier 2 plus data centers. They provide the ideal infrastructure and environment for innovation.

Affirming KAEC’s success in attracting investors to the Industrial Valley, Qutub said: “To date we have signed agreements with more than 80 national and global leaders focusing on six industrial sectors: pharmaceuticals, consumer foodstuffs/FMCG, logistics, plastics, building materials and automotive.”

The Industrial Valley extends over an area of 55 million square meters. It constitutes nearly one-third of the total area of King Abdullah Economic City.

It is capable of accommodating 2,000 industrial facilities, making it one of the key drivers of the Saudi economy.

The second phase occupies an area of 20 million square meters, and the land plots are available as freehold or by lease.