Al-Rasheed gave a visual presentation of KAEC developmental stages of construction and a detailed vision of attracting local and foreign investments to the Kingdom was presented to the visiting delegation.
The delegation was conducted on a tour of KAEC to provide a glimpse of the most important achievements and developments, including an update on KAEC seaport, city’s infrastructure, residential units that have started to be handed over to city residents and workers at the Bay La Sun District, land plots delivered in the Industrial Valley, offices at the Business Park, as well as a wide variety of retail space throughout the city.
Professor Peiser said: “We are impressed with what we saw today at King Abdullah Economic City, in terms of vision and the progress made.”
Professor Peiser commenting on KAEC’s overall urban development said: “It is a unique experience for us to get a firsthand look at the impressive efforts being undertaken in order to build this economic city.”
Mossaed Al-Ahmed, economic consultant and the Middle East ambassador for the real estate alumni organization at Harvard University, said: “KAEC reflects the prosperity which Saudi Arabia is currently enjoying and represents a significant addition to the Kingdom’s economic and developmental growth.”
