Media Centre

Under the patronage of HE Eng. Abdullatif Al-Othman, Chairman of the Economic Cities Authority and Governor of SAGIA, KAEC organized the Time Forum on June 11th, 2014 at the Bay La Sun Hotel and Marina which was attended by over 200 leading local and international businessmen and investors.

During the event KAEC presented more than 300 promising investment opportunities valued at SR 4 billion offered in different sectors such as real estate, industry, tourism and services.

Speaking at the Forum, Mr. Fahd Al-Rasheed, Managing Director and CEO in KAEC, expressed his appreciation of the attendees interest in participating at the forum and explained the city’s main objectives and the strategic framework for its development, emphasizing the great progress and growth that KAEC has achieved at all levels.

Mr. Al-Rasheed went on say: “We have organized this forum as a mean of increasing the flow of investment in our city by encouraging the business community and investors to take advantage of the many opportunities that KAEC has to offer, with the lowest levels of risk and the highest degree of credibility and transparency.” He also pointed out that the investor-friendly environment is significantly enhanced by the provision of all necessary government support services under one roof, adding that investors and residents enjoy total safety and security 24 hours a day seven days a week.