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2/24/25, 2:43 PM King Abdullah Economic City inks MoU with Arcapita to develop industrial facilities - LogisticsGulf
KAEC-Arcapita MoU signing ceremony
Arcapita will leverage its expertise in creating high-quality real estate
facilities
King Abdullah Economic City (KAEC) and Arcapita, the global alternative
investment firm, announced that they have signed a Memorandum of
Understanding (MoU) at a ceremony held in Bahrain.
This strategic collaboration will focus on developing state-of-the-art warehousing
facilities, promoting the Industrial Valley’s growth, enhancing operational
capabilities within KAEC and the Kingdom, fostering innovation, and attracting
foreign investment.
Under the terms of the MoU, Arcapita will leverage its expertise in creating high-
quality built-to-suit industrial real estate facilities and oversee the development of
warehouses tailored to meet the requirements of potential tenants, further
contributing to the region’s industrial and logistical growth.
MoU signed
The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the
Industrial Valley & KAEC Special Economic Zone, and Isa Al Khalifa, Director of
MENA Real Estate at Arcapita. This partnership reflects a shared commitment to
building world-class industrial infrastructure and driving sustainable development
in the Kingdom of Saudi Arabia.
“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,” noted Matbouly.
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.
“Together, we aim to establish modern industrial facilities that align with global
standards, delivering innovative and environmentally sustainable solutions to our
partners and stakeholders,” observed Isa Al Khalifa, Director, MENA Real Estate,
Arcapita.
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