Media Centre

King Abdullah Economic City announced a new additional industrial land plot signing with Al-Marai for the purchase of 461,703 sq. meters in KAEC’s Industrial Valley to establish a new dairy manufacturing, packaging and distribution facility. This new investment by Al-Marai is part of its expansion and growth plans which saw the world’s largest vertically integrated dairy company purchase 200,000 sq. meters of land plot in KAEC IV in 2012 to establish a new bakery manufacturing facility.

In this occasion, Eng. Abdulrahman Al Fadley, Chief Executive Officer of Al-Marai, expressed his delight with this strategic partnership with King Abdullah Economic City.

Mr. Fahd Al-Rasheed, Managing Director and CEO of KAEC said: “We are happy to have Al-Marai at KAEC’s Industrial Valley a key location in their strategic expansion plans. The infrastructure facilities we are providing in KAEC are state of the art and manufacturers have the key advantage of being located close to King Abdullah Port which gives them a keen competitive edge in distribution and export of products.”

Al-Rasheed explained, “There are numerous advantages for local and global companies which creates a unique atmosphere for investments and resulted in complete sellout of industrial lands in the first stage of Industrial Valley-Phase 2. These advantages include clear and business-encouraging regulations and hassle-free processes, ease of issuing permits and licenses and the possibility of providing qualified manpower through training centers for Saudi talents. The availability of housing solutions within the vicinity of the Industrial Valley and the direct link with King Abdullah Port makes the Industrial Valley a global logistical hub and an access point to reach about 250 million consumers in the Middle East and North Africa, not to mention the availability of Haramain Railway station in KAEC.”