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2/24/25, 2:41 PM King Abdullah Economic City signs strategic partnership - Middle East News 247

Eng. Majid Abdullah Matbouly, Chief Industrial Valley & KAEC Special Economic Zone Officer, said:
“This MoU is a significant step in KAEC’s mission to develop a leading industrial and economic powerhouse.
With Arcapita’s proven expertise in global and regional asset management, we are confident this partnership

will elevate the Industrial Valley’s service offerings, competitiveness, and global appeal.”

The partnership will provide KAEC access to Arcapita’s global network of blue-chip tenants, attracting high-

quality investors. Additionally, the development will include ESG-compliant warehousing projects ensuring
environmental sustainability and operational efficiency. It will also enable participation in a growing portfolio of
flagship assets that offer attractive risk-adjusted returns.

In addition to infrastructure development, the MoU outlines key promotional and operational roles for KAEC

and Arcapita. As a strategic partner, KAEC will coordinate involvement in KAEC-related activities and
conferences. This agreement is expected to generate substantial economic and industrial growth
opportunities for the Industrial Valley, further solidifying its status as Saudi Arabia’s premier industrial hub.

Isa Al Khalifa, Director of MENA Real Estate at Arcapita, said: “We are pleased to collaborate with KAEC.
Together, we aim to establish modern industrial facilities that align with global standards, delivering innovative

and environmentally sustainable solutions to our partners and stakeholders.”

This partnership is a significant step for KAEC, underlining its commitment to building a world-class industrial

ecosystem. By collaborating with Arcapita, KAEC will improve its potential to attract foreign investors, offer
cutting-edge ESG-compliant warehousing solutions, and expand its offer to tenants and enterprises. This
collaboration not only reaffirms KAEC’s pivotal role in driving the industrialization of the Saudi economy but

also lays the foundation for a new era of sustainable development, innovation, and global partnerships.

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