Knowledge Economic City (KEC)

 

Knowledge Economic City will be developed on a 4.8 million m sq. land while the built up area will near 9 million m sq. attracting SR25bn worth of investments. The project will add 20,000 new jobs to the region.

Facts

Area: 4.8 million sq m

Investment Size: US$ 7 billion

Jobs: 20,000

Population: 50,000

Zones: Taiba Complex for Technology and Knowledge-based Economy, Technological and Administrative Colleges, Theme Parks, Islamic Civilization Studies Centre, Complex for Medical Studies, Biological Sciences and Health Services, Complete Business Centre, Residential Areas, Passengers station, Commercial Area, King Abdul Aziz Mosque

Focus: Knowledge Based industries, Tourism and Services

The Knowledge Economic City (KEC) is composed of several main components as follows:

Taiba Complex for Technology and Knowledge-based Economy

Taiba Complex caters for the development of modern technologies, benefiting from its exceptional location near Al-Madinah. This technological park concentrates on meeting the technological demands of the Islamic world. It consists of a system of smart buildings and support services, which integrates the colleges and technological institutes in the City to provide a technically stimulating environment.

Technological and Administrative Colleges

Institutes of advanced technical studies including laboratories for scientific research, branches of local universities and research centers in the Islamic world in the fields of modern communications and applications, the information technology and industries, the software development automation and multimedia. It also includes colleges of business administration.

Islamic Civilization Studies Centre

This part of the project addresses the subject of the Islamic civilization through the process of gathering, collecting and presenting the disciplines of Islamic civilization that naturally include knowledge, culture, values and principles based on tolerance and goodwill.
Complete Business Centre

In the heart of the City, business towers rise to accommodate the companies operating in Medina as well as knowledge-based industries that will be attracted by the project. The City is equipped with an advanced infrastructure, as well as conference halls, exhibition centers and offices accommodating up to 10,000 employees.

Other components include the Complex for Medical Studies, Biological Sciences and Health Services, the "Seera Land" theme park, a passenger’s station and residential & commercial areas.

 

 

[Courtesy: Saudi Arabian General Investment Authority - SAGIA]