Middle East Economic Survey
VOL. XLIX
No 1/2
2/9-January-2006
SAUDI ARABIA
King 'Abd Allah Economic City Project Launched
The King 'Abd Allah Economic City project was launched on 19 December 2005, with construction beginning on 21 December. The multi-stage development scheme, costing SR100bn ($26.6bn), is located north of Jiddah. The Economic City will have six components: a major seaport, an industrial district (including downstream petrochemicals manufacturers), a financial island, an education...
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