Knowledge Economic City

Knowledge Economic City (KEC) is considered to be the most important of Saudi Arabia’s Economic Cities (ECs) because of its proximity to the Holy Mosque in Al-Madinah. Its development is intended to be the catalyst for economic growth in knowledge-based industries, ushering in transformation to a ‘knowledge society’. Al-Madinah has been a leading city in digital economy initiatives and the presence of a number of well established institutions offering higher education in Science, Mathematics, Engineering and Technology (SMET) and religious knowledge provides a major pool of talent, ideally suited to fulfi lling KEC’s development objectives.

Key facts:

30 billion Riyals (US$ 8 billion) of aggregate investment for developing the project

20,000 new job opportunities

An expected population of one hundred and fi fty thousand persons / capacity for 30,000 visitors

A retail area including 1,200 shops

30,000 residential units

Project land area of 4.8 million sq. metres / total build area of 9 million sq. metres