Prince Abdulaziz Bin Mousaed Economic City

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Prince Abdulaziz Bin Mousaed Economic City

مدينة الأمير عبد العزيز بن مساعد الاقتصادية
Province Ha'il
Area
  Total18 km2 (7 sq mi)
Website www.pabm-ec.com

Prince Abdulaziz Bin Mousaed Economic City (PABMEC) is a proposed planned city in Saudi Arabia. [1]

Contents

Initially planned to be 156 km2 (60 sq mi), it was subsequently reduced to 18 km2 (6.9 sq mi). [2]

City strategy

The area of Prince Abdulaziz bin Musaed Economic City is proposed to cover 156 km2 (60 sq mi). According to the official plan, the cost of the project with its various equipment is 30 billion riyals (eight billion US dollars) over ten years, which includes building a number of areas: the airport, the agricultural area, the central business district, the resort area, facilities and residential neighborhoods And the educational zone. The city's business is focused on transportation services, logistics services, educational services, agricultural services, industrial and mining services, recreational services, housing and infrastructure. [3]

In 2014, it was announced that the planned city's size would be reduced to 18 km2 (6.9 sq mi) [2] after a revision by the Saudi Arabian Economic Cities Authority (ECA).

See also

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References

  1. الهيئة العامة للاستثمار:مدينة الأمير عبد العزيز بن مساعد Archived 2012-12-19 at the Wayback Machine
  2. 1 2 "Prince Abdulaziz bin Mousaed Economic City : Between ambition and reality". Weetas Real Estate Blog, Market Stats, Real Estate Analysis. 2018-03-18. Retrieved 2023-09-06.
  3. تنميات:مدينة الأمير عبد العزيز بن مساعد الاقتصادية Archived 2012-07-01 at the Wayback Machine