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2/24/25, 2:50 PM King Abdullah Economic City signs strategic partnership with Arcapita to Develop Industrial Facilities

King Abdullah Economic City signs strategic

partnership with Arcapita to Develop Industrial

Facilities

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2025-02-20 02:33:51

(MENAFN- Orient Planet Group) 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 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

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