Mar 13 2011 |
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King Abdullah Economic City Hosts Senior Officials from the US Congress
King Abdullah Economic City, March 12th, 2011 - a group of 18 senior officials from the US Congress recently visited and toured King Abdullah Economic City (KAEC) to discuss and explore the city's investment opportunities. The delegation was received by senior executives from Emaar, the Economic City ( EEC ), the Tadawul-listed company developing KAEC.
A visual and detailed presentation of KAEC developmental stages of construction and progressing taking place from 2007 till present date, as well as a detailed vision of attracting local and foreign investments to the Kingdom was presented to the visiting delegation by Engineer Imad Hashem, Executive Director, RE Commercials in Emaar the Economic City .
In addition, a tour of King Abdullah Economic City took place after the presentation, to identify the most important achievements and developments on the ground progress accomplished, including an update on the handovers done on a wide range of residential units at Bay La Sun, land plots in the Industrial Valley, offices at the Business Park as well as a wide variety of retail space throughout the city.
While the delegation was concluding their visit with lunch at an inspiring sea view restaurant in Bay La Sun village, they pointed out that the visit comes at an important time of great and strong ties between the two countries, they highly praised the numerous motivating factors to invest in KAEC, stressing on the facts of KAEC's huge business potential and ability to attract local and foreign investments to the Kingdom.
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© Press Release 2011
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