Media Centre

King Abdullah Economic City (KAEC) and Mobily have signed an agreement to develop and operate the telecommunications network at KAEC. The contract was signed on Tuesday, July 2nd 2013, by Engineer Khalid AlKaf, Managing Director and CEO of Mobily, and Mr. Fahd Al-Rasheed, Managing Director and CEO of King Abdullah Economic City, in the presence of Mr. Mohanud Abdulaziz Hilal, Secretary General of the Economic Cities Authority in KSA.

According to the new agreement, Mobily will provide KAEC facilities with an advanced infrastructure for telecommunications services, data transmission services and broadband Internet services through a secure, high reliability fiber optic network. The company will also provide a Data Center and Smart City services such as IPTV, VPN services and Ethernet IP-VPN, direct access to the Internet DIA, broadband for businesses and Connect services. Mobily will also provide a Communications Management Service, which reduces the time to install and manage the telephone network for targeted companies in the project.

Eng. Khalid Al-Kaf expressed his pleasure at this important partnership with KAEC, stating that today the city is considered one of the strategic choices and a quantum leap in the field of industrial investment in the Kingdom. This project is also an important step that the Kingdom has taken towards strengthening the economy and diversifying it income sources.

Also speaking at the signing ceremony, Mr. Fahd Al-Rasheed said, “We are delighted with this strategic partnership with Mobily, which is one of the leading companies in the provision of telecommunications services and information technology in the Kingdom and the region. Mobily was chosen because they have the expertise and capabilities to develop an integrated communications network within KAEC with world-class, high efficiency and the provision of distinctive services and products serving the city’s residents and businesses alike “.

He went on to say, “KAEC is moving forward at a fast pace and we look forward to enhancing our relations with the world through Internet and high quality virtual networks that will promote the city’s role in stimulating economic and social development in the Kingdom. Hence, we are committed to providing a complete and well-developed infrastructure system to various sectors according to the highest international standards and practices. We are confident that Mobily will achieve this ambitious goal through the development and operation of a modern and integrated communications network compatible with the position of KAEC and responsive to the requirements of all of its commercial, industrial, educational and residential components, as well as to all the relevant supporting businesses “.

Mobily dedicates particular attention to the real estate and industrial sectors in the Kingdom through the provision of all the requirements of telecommunication services and information technology that enhance growth and at the same time reflect the level of development reached by such services, which today creates an integrated working system that boosts the economy to achieve prosperity for kingdom and the people.

King Abdullah Economic City is one of the largest and most significant economic projects run by the private sector in the Middle East. The city covers 168 million square meters of land and is being developed into a fully integrated city. KAEC has succeeded in attracting more than 50 national and international industrial companies with investments exceeding SR 10 billion.

Strategically located and with its own seaport, KAEC offers a wide range of housing solutions that are suitably priced for different income levels, which are all supported by a high quality infrastructure and a complete range of services and facilities such as The World Academy School, which is already open with a future total capacity of 2,250 students, and a medical center for primary care and emergency operated by Dr. Soliman Fakeeh Hospital Company. In addition, retail stores have been fully leased and a number of restaurants, cafes, sales outlets and pharmacies are already open.