Saudi Arabia brings to you the all-new King Abdullah Economic City – a futuristic city for the newer generation which is said to be the future of urbanism. King Abdullah Economic City is a city with distinctive coastal neighborhoods with high quality living, world-class educational facilities, an active lifestyle, and entertaining environment for the whole family.
The megaproject is one among the four new mega-city projects which were laid out by the late King Abdullah of Saudi Arabia, in hopes of securing the Kingdom’s future, if and when it runs out of its priciest resource, oil.
The KAEC lies approximately a two-hour drive away from Jeddah and close to Riyadh, along the coast of the Red Sea, and is a modern metropolis and booming tourist destination providing luxury and leisure.
The Kingdom has crafted a Vision for 2030, the Saudi Arabia Vision 2030, that elaborately describes its long-term plans and anticipations to solidify the country’s economy. The vision strives to raise the acquisitions in infrastructure and real estate projects. These ambitious projects are to support the Kingdom and establish it as an industrial base to keep the economy running despite the shrink in oil reserves.
Timestamps:
0:00 – Saudi Arabia’s NEW Economic City
0:15 – GIVEAWAY Time!!
0:44 – Its HUGE Role for Saudi Vision 2030
3:19 – Revolutionary Aspects of this Megaproject
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