|
|
|
RELATED ARTICLES: More incentives needed for KSA economic cities; KSA invests in its future; CITY UPDATE: Madinah, Saudi Arabia; IN PICTURES: Knowledge Economic City
Madinah’s planned Knowledge Economic City (KEC) offers a unique proposition for investors and developers, according to its project director, Mark Dickson.
The project, which is being promoted by Sagia, is planned for development on up to 840 hectares close to the current city.
“What makes us unique in the economic cities is that we are adjacent to an existing city, so we don't have to provide power stations or water treatment plants as we are tapping in to the existing infrastructure,” Dickson told Construction Week at this week’s Saudi PMV Show.
“We've been talking to [Saudi Electricity Company] and the national water company and they have all been very co-operative. We believe they can satisfy our demands.”
KEC plans to appoint a main infrastructure contractor, apartment contractor and villa contractor for its portions of the project. Plots will be sold to third party developers, who will then be responsible for work on their portions of the project.
KEC will also appoint a contractor to build four planned district cooling plans with combined capacity of 60,000 tonnes.
Contractors appointed to work on the project will have to accustom themselves to working with a unique kind of land surface.
“The city is actually built on a sort of volcanic basalt structure... [For] people used to other parts of the region, where they have been working on sand, this is going to be quite different for them,” said Dickson.
“From the point of view [of the PMV industry] there is going to be some heavy breaking and pneumatic rippers involved."
 |
| Articles | |
| Companies | |
 |
Site Map
 |
 |
 |
 |
|  |
\
FEATURED COMMENT
There is no need of economic cities near Mecca or Madinah. Leave these cities for prayers only. Do not provide opportuni