Page 24 - KAEC PR REPORT - FEBRUARY 2025

King Abdullah Economic City signs strategic

partnership with Arcapita to Develop Industrial

Facilities

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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.

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.”

https://www.marketscreener.com/news/latest/Arcapita-Signs-Strategic-Partnership-With-King-
Abdullah-Economic-City-49097795/