Page 41 - KAEC PR REPORT - FEBRUARY 2025
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2/24/25, 2:46 PM Latest News
King Abdullah Economic City signs strategic
partnership with Arcapita to Develop Industrial
Facilities
20/02/2025
KSA, 19 February 2025 - 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
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