Page 21 - KAEC PR REPORT - FEBRUARY 2024

2/13/24, 11:43 AM Emaar, The Economic City partners with hopOn to launch new ‘Mobility Solutions’ for smart transportation | iHeartEmirates
a world-class, integrated lifestyle city that adds to the socio-economic prosperity and

sustainability of Saudi Arabia.

During its participation at the PIF Private Sector Forum, KAEC highlighted a spectrum of

opportunities for public-private partnerships in the city across various sectors, including

hospitality, entertainment, commercial, residential, and industrial. Hosted by PIF, the main

stakeholder of Emaar, The Economic City, the forum aimed to enhance partnerships between

the PIF portfolio companies and private sectors while spotlighting avenues for local

collaboration in key strategic sectors.

Cyril Piaia, CEO of Emaar, The Economic City, said, “Our goal at Emaar, The Economic City,

is to promote sustainable economic growth while improving the overall experience for both

residents and visitors. Through our participation in the PIF private sector forum, we are making
progress towards our goal of steering socio-economic development in the Kingdom of Saudi

Arabia while also attracting third-party investors from the private sector in line with the

Kingdom’s Vision 2030 strategy.”

“Another significant milestone is our collaboration with hopOn, which exemplifies our ongoing

commitment to innovation and excellence in every aspect of urban living. In addition to

improving mobility within the city, our combined efforts will raise the bar for intelligent urban

developments worldwide. Our residents and visitors can look forward to a seamless and

integrated mobility experience, regardless of whether they are commuting to work or simply
touring the community,” he added.

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