Riyadh – Mubasher: King Abdullah Economic City’s (KAEC) Industrial Valley has signed a SAR 32 million contract with a local construction firm to develop the infrastructure of the Valley’s fourth phase.
KACE, Saudi Arabia’s new global gateway to high-growth markets in the GCC region and East Africa, is focusing on boosting the Industrial Valley’s efficiency as a centre of diversified industries and logistics services, CEO Ayman Mansi said.
The Industrial Valley has attracted large investments over the previous period, Mansi added, noting that it also succeeded in drawing more than 100 local, regional, and international firms in various sectors.