1- King Abdullah Economic City (KAEC)
Client: Emaar Properties
Estimated value: US $50 billion
Schedule: Construction started in 2006.The first phase of the project is expected to be completed by the end of 2009. The overall project will be completed in stages.
Scope: KAEC is a massive development located in Rabigh, Saudi Arabia. The master plan of the city shows the city will be divided into: Industrial Zone, Residential Zone, Sea Resort and Sea Port.
The industrial zone covers an area of 63 million m2. The zone will include facilities to operate and build plants and factories. The residential zone covers an area of 51 million m2 and will include low, mid- and high-rise structures. The sea resort provides a built-up area exceeding 3.5 million m2 for hotels, residential apartments, golf resorts, spas and water sports facilities.
The sea port provides 14 million m2 to build a world-class port on Saudi Arabia’s west coast. The port will include 30 berths to serve global trade routes between Asia, Europe and Africa.