Nov 19 2009 |
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US mayors visit KAEC
JEDDAH: A delegation of US mayors visited King Abdullah Economic City (KAEC) earlier this week. The dignitaries toured the city and discussed investment opportunities with Fahd Al-Rasheed, board member and CEO of Emaar, The Economic City (Emaar EC) , a Tadawul-listed company that is developing the new city.The delegation, headed by Michael B. Coleman, mayor of Columbus, Ohio, comprised Virginia DuPuy, mayor of Waco, Texas; Bob Foster, mayor of Long Beach, California; Scott Smith, mayor of Mesa, Arizona; and Dominic Sarno, mayor of Springfield, Illinois.
Al-Rasheed presented KAEC's attractive investment opportunities and focused on the Industrial Valley that is regarded as one of the most advanced industrial zones in the world with its world-class infrastructure, urban planning and logistics feasibility.
"KAEC should be the Eighth Wonder of the World," he remarked while concluding the visit.
© Arab News 2009
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