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2/24/25, 2:41 PM King Abdullah Economic City signs strategic partnership with Arcapita to Develop Industrial Facilities | Web Release
King Abdullah Economic City Signs Strategic Partnership With

Arcapita To Develop Industrial Facilities

By Editor_wr Last updated Feb 19, 2025

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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.”

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