Saturday, June 6, 2009

EMAAR, Saudi Arabia


SAUDI ARABIA

King Abdullah Economic City
Emaar is the master developer of this project and SAGIA (Saudi Arabian General Investment Authority), the apex body responsible for inward investments into the Kingdom, is the prime facilitator for the development and will act as the one-stop Government servicing centre for the City. The location of the City, north of the commercial hub of Jeddah, provides easy access from the Holy Cities of Makkah and Madina.
The City will create six distinctive components: Seaport, Industrial District, Financial Island, Educational and Healthcare Zone, Resort, and Residential. Facilities within the City include a Grand Mosque, community centres, parks and recreational areas, shopping and commercial centres and schools. The project and its several components will create up to 500,000 employment opportunities in the various industries and service-oriented companies that will open in the City[citation needed].

[edit] Jeddah Heights
Jeddah Heights is a US$11.2 billion community in Saudi Arabia. Set on a hilltop, the project offers views over the surrounding landscape towards the Red Sea, North Jeddah and the Mountains in the East. The 22.86 square kilometre Jeddah Heights project will be developed by Emaar Middle East, a joint venture between the UAE-based Emaar Properties and Saudi-based real estate company Al Oula. The Jeddah Heights community is made up of 24 residential villages, each featuring a broad spectrum of community amenities arranged in a hub-and-spoke model.

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