Prince Abdulaziz Bin Mousaed Economic City

Prince Abdulaziz Bin Mousaed Economic City (PABMEC) is a proposed planned city in Saudi Arabia. Saudi Arabia is reportedly looking to boost its involvement in industries beyond petroleum exporting.[1]

Prince Abdulaziz Bin Mousaed Economic City

مدينة الأمير عبد العزيز بن مساعد الاقتصادية
ProvinceHa'il
Area
 • Total156 km2 (60 sq mi)
Websitewww.pabm-ec.com

The economic cities that have been planned will include housing and living quarters, industry jobs, and entertainment for their residents and will be built to accommodate as many as 2,000,000 people.

City strategy

The area of Prince Abdulaziz bin Musaed Economic City is 156 km2 (60 sq mi), and the cost of the project with its various equipment is 30 billion riyals (eight billion US dollars) over ten years, which includes building a number of areas: the airport, the agricultural area, the central business district, the resort area, facilities and residential neighborhoods And the educational zone. The city's business is focused on transportation services, logistics services, educational services, agricultural services, industrial and mining services, recreational services, housing and infrastructure.[2]

In 2014, it was announced that the planned city's size would be reduced to 18 km2 (6.9 sq mi)[3] after a revision by the Saudi Arabian Economic Cities Authority (ECA). Despite this reduction in size, the city will retain the main areas of interest previously planned.

See also

References
  1. الهيئة العامة للاستثمار:مدينة الأمير عبد العزيز بن مساعدArchived 2012-12-19 at the Wayback Machine
  2. تنميات:مدينة الأمير عبد العزيز بن مساعد الاقتصادية Archived 2012-07-01 at the Wayback Machine
  3. "Prince Abdulaziz bin Mousaed Economic City : Between ambition and reality". Weetas Real Estate Blog, Market Stats, Real Estate Analysis. 2018-03-18. Retrieved 2023-09-06.

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