Emaar, the Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has launched the sale of land plots in a total area of 250,000 sq m in the Bay La Sun Village of the mega-project. Third-party developers can enjoy full ownership of land for undertaking residential, commercial and multi-purpose buildings, and also benefit from KAEC’s advanced infrastructure including the Smart City capabilities and District Cooling.
The plots are located strategically in the Bay La Sun Village, the first fully-integrated residential community in KAEC, and overlook the waterfront. They are also in close proximity to the Business Park and other amenities including a world-class hotel, shopping mall and restaurants. Work on the Business Park is nearing completion, and work on other amenities within KAEC is progressing as per schedule.
Fahd Abdul Mohsen Al Rasheed, Board Member and Chief Executive Officer, (Emaar.E.C), said: “KAEC has established itself as a premier development in the region offering high-growth opportunities in several key economic sectors. By offering land plots for sale to third-party developers, we are extending the opportunity for investors to become an integral part of this path-breaking project, which is envisaged to usher in a new era of socio-economic prosperity for the Kingdom.”
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