What's new

KAEC to have 2m people, projects worth $100bn on completion: CEO

. .
Continue 3 :











Quote :

King Abdullah Port caps first phase of electronic integration with Saudi Customs

October 31, 2017

JEDDAH —
King Abdullah Port has announced the completion of the first phase of integration between the Port Community System, a computerized information system that facilitates access to information and allows efficient implementation of operations at the port, and the Customs-affiliated SANAM, in a step that will enable King Abdullah Port and the Customs to implement the electronic exchange of cargo manifests and container inspection instructions – which are part of 24-hour customs clearance initiative – as well as locating the containers at the customs inspection yard.

“We are proud of this achievement, which is the result of the fruitful cooperation between King Abdullah Port, the Economic Cities Authority (ECA), the Customs, IBM, the leader in information systems development, Tabadul and the National Container Terminal,” said Eng. Abdullah Hameedadin, Managing Director at the Ports Development Company, owner and developer of King Abdullah Port.

“The initiative will ensure the success of the electronic integration process among all parties involved in the port’s operations. Furthermore, it will allow the Customs to work efficiently during two shifts at King Abdullah Port, leading to the development and improvement of customs clearance, which will contribute to achieving the objectives of Vision 2030.”

SANAM, a comprehensive and integrated system to exchange data electronically between all parties involved in import and export from the public and private sectors, has been developed by Tabadul, which is the IT arm of the Customs, enabling the electronic exchange of information between all relevant parties in all sea, air and land ports so that Customs can safely exchange information on import and export data in standard specifications with no change in the validity or customs procedures in accordance with laws and regulations applicable.

Tabadul is working on behalf of the Saudi Customs to complete all the technical integration works with King Abdullah Port using SaudiEDI standard.

In the coming period, King Abdullah Port will cooperate with ECA and Tabadul so that all the port’s operations will be fully electronically integrated. This will be achieved by mid-2018 through the completion of electronic connectivity of the data permits for load permit messages, load approval messages, manifest reconciliation messages and container checkout from King Abdullah Port.

Customs will conduct the manual inspection during morning and evening shifts, whereas it was previously done during the morning shift only. This development will surely enable consignees to clear their cargo on the same day instead of waiting till the next day, which will reduce the turnover of incoming containers and will streamline the flow of cargo while increasing workload.

King Abdullah Port increased its throughput by 14% in first half of 2017.

King Abdullah Port, which is owned by the Ports Development Company, is the first privately owned, developed and operated port in the Kingdom. It is characterized by its strategic geographic location and its integrated services using the latest state-of-the-art technology and utilizing local and international experts. The port has been listed as one of the world’s largest maritime shipping lanes, and its development plan is proceeding at a steady pace and with a clear vision towards becoming one of the world’s leading ports.

Saudi Gazette


...


Industrial Valley







Quote 1 :

KAEC, Nesma sign deal to develop Industrial Valley




KAEC, Saudi Arabia, September 20, 2017

Saudi Arabia's King Abdullah Economic City (KAEC) has signed an agreement worth more than SR80 million ($21 million) with Nesma Water & Energy to develop the third phase-C of the Industrial Valley (IV).

The third phase-C of the IV comprises 1.2 million sq m.

Under the terms of the contract Nesma will design and build the core infrastructure for Phase Three-C including a comprehensive water system covering fresh water supply, sewage, drainage and effluent as well as electrical systems to prepare the area for built-up development.

“The growth of the Industrial Valley is essential to sustain the city’s economic cycle and rests on our ability to provide a comprehensive, customized solution to investors,” said Fahd Al-Rasheed, Group CEO and of KAEC. “Nesma is one of the Kingdom’s most trusted and respected names in infrastructure development and we welcome their continued partnership with King Abdullah Economic City.”

Nesma Water & Energy has already provided core water and electrical systems for the Al Murooj Beach Community at KAEC and for Phase 2 of the IV. The company is also known for its participation in the Riyadh Water Supply Enhancement, for which it met extraordinary deadlines to build thirteen deep water wells with filtration and cooling towers in just six months.

The new contract continues the on-schedule development of the Industrial Valley and reflects the continual growth in demand for facilities and services. The 55-sq- km Industrial Valley is the region’s fastest-growing logistics and manufacturing hub. More than 120 local and international companies have invested in manufacturing, distribution and logistics facilities. Thirty factories are already in commercial operation.

“Our investors and partners have come to rely on our ability to implement the various phases of the IV on schedule and with maximum attention to quality,” said Rayan Qutub, CEO of the Industrial Valley. “Nesma Water & Energy has a track record of implementing best practices in construction and infrastructure and will be an important partner in the continued expansion of the Industrial Valley.”

King Abdullah Economic City is the largest privately-funded new city in the world. Situated on the west coast of the Kingdom of Saudi Arabia, KAEC covers an area of 181 sq km of land, approximately the size of Washington DC. – TradeArabia News Service


Quote 2 :

Pfizer Saudi Ltd launches its manufacturing plant in KAEC


Jan 9, 2017

JEDDAH —
Pfizer Saudi Limited, a subsidiary of Pfizer Inc., formally opened its manufacturing facility in King Abdullah Economic City (KAEC), and announced the start-up of the operations for a number of life-changing medicines at the plant in 2017 for patients in Saudi Arabia.

The opening of this manufacturing facility is part of Pfizer’s support for the Saudi government’s “Vision 2030” and the National Transformation Program 2020. In recognition of this ongoing commitment, Pfizer was granted a trading investment license for its Saudi subsidiary (Pfizer Saudi Ltd) by the Saudi Arabian General Investment Authority (SAGIA) in June 2016. This gave Pfizer 100% ownership of its business in Saudi Arabia – to, among other things import, export and trade in products – permitting a supply of quality innovative and essential medicines directly to the Saudi market.

Initially, the Pfizer plant will produce 16 of the company’s essential pharmaceutical products in different phases meeting Saudi health needs in five therapeutic areas – cardiovascular, pain, anti-infective, urology and neurology.

The Pfizer facility represents around $50 million (SR187.5 million) investment to date, and the site offers potential for expansion to meet future requirements. The development incorporates medicine manufacturing and packaging technologies within one complex, and has been built to ensure Pfizer’s rigorous and globally recognized quality standards.

As well as local production of Pfizer’s pharmaceutical medicines, this development will facilitate the transfer of expertise and technology from Pfizer to the local market and is set to create new, skilled employment opportunities for the people of Saudi Arabia. In the initial phase, this state-of-the-art facility is expected to employ 124 people, approximately half of whom are expected to be Saudi nationals.

Prince Saud Bin Khalid Al Faisal, Acting Governor of SAGIA, said: “Pfizer is one of the international companies investing in the Kingdom and this manufacturing facility is a concrete example of its contribution to the expansion of a localized pharmaceutical industry. This is the result of our ongoing and effective public/private sector partnership approach which is driving towards achieving the development goals of the Kingdom, crystallized by Saudi Arabia Vision 2030.”

Following the opening ceremony, Minister of Health Dr. Tawfiq Al-Rabiah said “the localization of the pharmaceutical industry is very important to ensure the availability of treatment at all time and to help us in achieving health objectives on the medium and long run, and create quality jobs for Saudis, and we will give every support to any medicinal factory and any investor in this vital vibrant area. We actually have started already in coordination with the concerned authorities to create additional incentives that contribute to increase the local proportion of this important industry,” yet “still a long way in the localization in the field of pharmaceutical industry and the data promises well for the prosperity of this industry in the Kingdom.”

Hussein El Hakim, Country Manager, Pfizer Saudi Limited, said: “This facility is set to provide Saudi patients with locally manufactured medicines that can help transform their lives. In addition, the facility allows us to develop local manufacturing expertise and capabilities to help meet our shared commitment with the government to provide a continued reliable supply of innovative and essential medicines for patients in Saudi Arabia.”

Based at KAEC on the west coast of the Red Sea, north of Jeddah, the Pfizer project will benefit from the competitive advantages offered by the Saudi government, aimed at attracting more investors and promoting KAEC as a business and industry center of excellence that encompasses state of the art infrastructure and amenities.

The ceremony was attended by Prince Saud Bin Khalid Al Faisal, Acting Governor of Saudi Arabian General Investment Authority; llency Dr. Tawfiq Bin Fawzan Al Rabiah, Minister of Health; Hamad Bin Mohamed Al Dhewailia, Vice Minister of Health for Health Affairs; Dr. Hisham Bin Saad Al Jadhey, CEO of Saudi Food and Drug Authority; Fahad Bin Abdulmohsen Al Rasheed, Group CEO and Managing Director of KAEC; Waseem Khashogji, vice secretary general, Economic Cities Authority; Dr. Abdullah Al Ahmari, Assistant Deputy for Supply and Operations, MOH; and Dr. Fayad Dandashi, Assistant Deputy for Private Health Sector Affairs.

Pfizer group is represented by senior executives including Niall Condon, vice president, pharma manufacturing operations; Tarek Yousef, PEH regional president AfME; Keith Dennie, vice president, PGS operation; Suat Kusmer, vice president, PGS regional operation; Menassie Taddese, PIH regional president AfME; Hussien El Hakim, Country Manager, Saudi Arabia; PIH Lead Alaa Gamal; and Fahad Al Dawood, Scientific Office and Corporate Affairs Director.

Saudi Gazette


Quote 3 :

First Saudi-built Renault truck rolls out of KAEC




Arab News – 23rd June 2016

JEDDAH:
The new era of Renault Trucks in Saudi Arabia started recently with the assembly of its first C & K range models at its newly built state-of-the-art assembly facility of Arabian Vehicles and Trucks Industry Co. Ltd. (AVI), based in King Abdullah Economic City (KAEC). A milestone for Arabian Vehicles & Trucks Industry and for the French truck manufacturer, the first Saudi-built Renault Trucks have been assembled through the collaboration of a number of Renault-trained technicians, engineers, quality and logistics personnel from Bourg-en-bresse, and a highly trained local AVI team. Lars-Erik Forsbergh, Renault Trucks Middle East president, said: “Our facility in KAEC further cements our commitment of providing unrivalled transport solutions throughout the Middle East. Through the support of our local importer Zahid Tractor and AVI we hope to continue to service the demanding construction, infrastructure and transport sectors in the region and set new standards in the region’s trucking industry.” Forsbergh said: “We are delighted to see the first of many Saudi-built Renault Trucks roll off our assembly line. Although the facility layout derives from our group’s lean manufacturing production system, this milestone could not have been achieved without the efforts of our highly-trained Saudi workforce.” Arabian Vehicles & Trucks Industry Ltd. (AVI), is a joint venture between Zahid Tractor & Heavy Machinery Co. Ltd. and Volvo Trucks Corporation, which owns Renault Trucks. AVI’s exemplary facility in King Abdullah Economic City (KAEC) was designed by a project team from the Volvo Group Truck Operations (GTO), comprised of engineers and process owners from brands under the group’s umbrella.

The new airconditioned assembly facility in KAEC has been ergonomically designed.

Tooling, fixtures, equipment, driven line, crane structures, special racking on the assembly line, proven tightening tools and different lifting and moving fixtures help the facility to run efficiently and seamlessly at optimum performance, producing up to 4,000 trucks annually for both brands combined. Implementing a new concept for an efficient and cost-effective truck assembly, the AVI facility is one of the first in the world to produce both Volvo and Renault trucks on the same assembly line.

The facility’s diversified workforce include trained engineers and operators as well as a number of qualified Saudi nationals, working across logistics, engineering, production and quality control. Primarly servicing the growing demands of the Saudi market, the facility will be producing the full line up from Renault Trucks’ new range; the reliable and durable C Range for construction and long haul and the robust K Range for heavy construction. King Abdullah Economic City (KAEC) has already laid down the foundation as a catalyst for significant social and economic growth in Saudi Arabia beyond oil revenue. The 168 million sq m KAEC is the perfect location to connect the East and the West. From its state-of-the-art deep-water port on the Red Sea shore, KAEC can handle the world’s largest ships. In addition, with new road and rail networks, KAEC is just an hour from Jeddah, Makkah, and Madinah. The city, with its growing industrial base, is poised to feed into the Kingdom’s economy through diversity of innovative and dynamic opportunities across commercial, logistics, manufacturing, shipping, residential and educational fields. A gem in the heart of the industrial zone, AVI’s knock down (KD) assembly facility is one of the first and biggest completed, fully functional projects in KAEC.


...
 
Last edited:
.
Continue 4 :

Coastal Communities





Hejaz Residential District















Al Murooj (District)





Quote :

King Abdullah Economic City Hands Over Plots Six Months In Advance

Jul 12, 2017

King Abdullah Economic City (KAEC) announced handing over land plots in Phase 5 of the AlTalah Gardens district, more than six months ahead of schedule.

“Delivering this project ahead of schedule despite the tightening real estate sector indicates the strength of our business and execution, and reaffirms our commitment to providing exceptional service to buyers of residential land plots and properties.” said Mr. Fahd Al-Rasheed, GCEO and Managing Director of King Abdullah Economic City.“

The very popular AlTalah Gardens District is being developed as a premium residential community in five phases. Phases 1, 2, 3 and 4 have been handed over already and phase 5 is now completed and ready before the contractual handover date.

AlTalah Gardens 5 is designed by one of the world’s top architectural firms, Skidmore, Owings & Merrill (SOM). The development’s infrastructure is designed as per world-class standards for storm drainage, sewage system, potable water, irrigation, electricity and telecom networks along with public roads and walkways. In terms of design of community, functionality, leisure facilities and overall lifestyle, AlTalah Gardens is on par with top residential developments around the world.

“AlTalah Gardens 5 is one of KAEC’s most attractive residential and lifestyle developments and we have enjoyed considerable demand from the market, for both prime residential properties and land plots for building,” said Mr. Charles Biele, CEO of Residential Development at KAEC. “It features state-of the-art infrastructure and world-class public services, is an excellent opportunity for families and individuals to build their own homes, as well as for investors looking for long-term returns in the real estate market.

Residents of Talah Gardens will also enjoy the fast emerging city’s broader range of amenities including beach and marina waterfront dining options, retail, health care and security, international-quality educational institutions, sporting and leisure facilities and extensive green landscapes.


About King Abdullah Economic City

King Abdullah Economic City (KAEC) is the largest privately-funded new city in the world. Situated on the west coast of the Kingdom of Saudi Arabia, KAEC covers an area of 181 square kilometers of land, approximately the size of Washington DC. KAEC comprises King Abdullah Port, the Coastal Communities residential districts, the Haramain Railway district and the Industrial Valley. The city is under development by Emaar, The Economic City, a publicly listed Saudi joint-stock company established in 2006.


...


Beach Community 2














...
 
Last edited:
. . .
@Bubblegum Crisis

This project has come a long way despite a few bumps here and there.

De Boer wins build contract for King Abdullah Exhibition Centre

JEDDAH — De Boer Middle East has won the contract to build a high-specification semi-permanent exhibition hall at King Abdullah Economic City located close to Jeddah in Saudi Arabia.

At 6,500sqm useable space, the King Abdullah Exhibition Centre will be one of the largest temporary structures to be built in the region.

Sustainability is a key feature of the building, which has an expected life span in its current location of between five to ten years. Following this, it can be dismantled and reused in a new location, as exhibitions move to a permanent facility being built in the coming years.

Furthermore, specially insulated wall panels on the Delta Emperor structure will be added to reduce air conditioning requirements especially during the summer months, improving overall energy efficiency.

The semi-permanent structure, which has a 60m x 90m footprint, will house exhibition & meeting space of more than 6,500 sqm - larger than a football pitch. The turnkey venue combines the latest temporary structure technology combined with traditional building techniques to deliver the look and feel of a permanent building. The whole venue is designed with a high specification interior fit out encompassing adaptable conference rooms and retractable exhibition hall divides.

Another advantage of the De Boer temporary structure solution is rapid build-times with construction to be completed within two to three months instead of the usual one to two year timeframe for permanent builds.

The hall will be centrally located in the King Abdullah Economic City project, situated 100 kilometers north of Jeddah. This newly planned city has injected around SR207 billion ($55 billion) into the local economy, with 260,000 apartments and 56,000 villas planned for completion by 2020. The King Abdullah Exhibition Centre is expected to be the centrepiece in the economic city and a draw for visitors to the region.

Commenting on the contract win, Edward Gallagher, De Boer Middle East’s Business Development Director, stated: “We’re delighted to be partnering with one of the most innovative, forward-thinking organisations and cities in the Middle East in delivering this exhibition centre project. As a result of choosing De Boer Middle East the city can expect to be delivering exhibitions and events by October – drawing thousands of people, driving tourism and bringing in revenue.

“With our continued developments in construction technology, De Boer can now deliver full, turnkey venues for any need, from temporary airport terminals to warehouses and sports facilities to exhibition venues in weeks instead of years. These are facilities that will last at least 10-15 years without any maintenance overhaul.

“In a growing,forward-thinking environment such as the Middle East where governments, developers and companies are continuing to invest, whether building new cities or just expanding their operations, we are seeing ever-increasing demand for our solutions as people realise it’s possible to have something akin to a permanent facility but in a fraction of the time,” Gallagher concluded.

With around 500 projects per year, De Boer also delivers the world’s largest temporary exhibition hall for the bi-annual Farnborough Airshow in the UK and installs temporary structures annually at the largest global trade fair - Bauma in Germany. — SG

http://saudigazette.com.sa/article/...al&utm_source=twitter.com&utm_campaign=buffer

IUAWGy.jpg


OAOuOb.jpg


aa9coP.jpg


bOIl31.jpg


oB42bZ.jpg



DNUssXLW4AEpVik.jpg


DNPhgWHXUAAtYhK.jpg


DNJQF3NWAAACfgj.jpg


DNJQF3SW4AA5m9e.jpg


DNJIMUUW4AAoC8j.jpg


Positive news each week.

Here is their Twitter account that is almost updated on a daily basis:

https://twitter.com/kaec_saudi?lang=ar

Good interview with Fahd al-Rasheed.

Saudi Arabia building massive global city on the Red Sea with US$100B investment

King Abdullah Economic City (KAEC) has been called the world's first publicly traded city. This massive infrastructure development has invested US$100B to build a global city along the Red Sea, and it plans to house two million people. BNN speaks with KAEC's Group CEO Fahd Al Rasheed about working with the likes of major companies such as Pzifer and Sanofi, and addresses the role of women in this progressive project.

http://www.bnn.ca/video/saudi-arabi...245541#_gus&_gucid=&_gup=twitter&_gsc=21T9xDJ
 
. .
Back
Top Bottom