Page 19 - KAEC PR REPORT - FEBRUARY 2025

2/24/25, 2:40 PM Arcapita signs strategic partnership with King Abdullah Economic City to Develop Industrial Facilities
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.

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.

-Ends-

Contacts
Arcapita
Tariq Hayat

Brunswick Group

Tamara Malaeb
arcapita@brunswickgroup.com

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