Page 29 - KAEC PR REPORT - FEBRUARY 2025

2/24/25, 2:44 PM Arcapita signs strategic partnership with King Abdullah Economic City to develop industrial facilities - Saudi Gazette
in the Kingdom of Saudi Arabia.

Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley &
KAEC Special Economic Zone, 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.

Arcapita is a global alternative investments firm focused on private equity and real
estate, with a track record of over 30 years and a total transaction value of more
than $32 billion. Arcapita has offices in the US, UK, Saudi Arabia, UAE,
Singapore, as well as affiliated offices in Bahrain. www.arcapita.com

King Abdullah Economic City (KAEC) is one of the most prominent modern cities,
offering a contemporary lifestyle and unique tourism experiences, while also
serving as a cutting-edge hub for manufacturing and logistics services. Spanning a
vast area of 185 million square meters along the Red Sea coast, north of Jeddah, it
stands as a pioneering model for integrated economic cities.

With its advanced infrastructure and investment-friendly regulatory environment,
KAEC serves as an ideal platform for achieving the objectives of Saudi Vision
2030, combining urban sophistication with promising economic opportunities. It
holds a distinguished position among global economic cities and aspires to be a
major driver of socio-economic development in Saudi Arabia.

KAEC plays a significant role in attracting foreign investments, boosting the
tourism sector, creating job opportunities, fostering local content development, and
increasing non-oil exports through the companies operating within the city and its
Industrial and Logistics Hub, which includes the Industrial Valley, KAEC Special
Economic Zone and King Abdullah Port.

Thanks to its strategic location on the Red Sea coast, the city serves as a vital hub
for global trade in the region. It boasts seamless connectivity with King Abdullah
Port, the Haramain High-Speed Railway, and the Saudi National Highway network.

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