Arcapita and KAEC Forge Strategic Partnership to Boost Industrial Development
Collaboration aims to enhance warehousing infrastructure, promote economic growth, and attract foreign investment in Saudi Arabia’s Industrial Valley.
Arcapita, a global alternative investment firm, has signed a Memorandum of Understanding (MoU) with King Abdullah Economic City (KAEC) to develop advanced industrial facilities within KAEC’s Industrial Valley.
The agreement, formalized at a ceremony in Bahrain, focuses on constructing state-of-the-art warehousing facilities, enhancing operational capabilities, fostering innovation, and attracting foreign investment to Saudi Arabia.
Under the terms of the MoU, Arcapita will utilize its expertise in developing high-quality, built-to-suit industrial real estate to oversee the construction of warehouses tailored to meet the needs of potential tenants.
This initiative is designed to support the ongoing growth of the Industrial Valley and contribute to the Kingdom’s broader industrial and logistical development.
The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley & KAEC Special Economic Zone, and Isa Al Khalifa, Director of MENA Real Estate at Arcapita.
Eng. Matbouly emphasized the significance of the partnership, stating, 'This MoU is a significant step in KAEC’s mission to develop a leading industrial and economic powerhouse.
With Arcapita’s proven expertise in global and regional asset management, we are confident this partnership will elevate the Industrial Valley’s service offerings, competitiveness, and global appeal.'
The partnership will grant KAEC access to Arcapita’s global network of blue-chip tenants, drawing high-quality investors to the region.
The development will include environmentally sustainable and ESG-compliant warehousing projects designed to meet international standards while ensuring operational efficiency.
The initiative is expected to boost KAEC’s attractiveness as a premier industrial hub and offer investors risk-adjusted returns through participation in flagship assets.
Isa Al Khalifa highlighted Arcapita’s commitment to the project, saying, 'We are pleased to collaborate with KAEC.
Together, we aim to establish modern industrial facilities that align with global standards, delivering innovative and environmentally sustainable solutions to our partners and stakeholders.'
Beyond infrastructure development, the MoU outlines promotional and operational roles for both Arcapita and KAEC.
KAEC will coordinate involvement in related activities and conferences, further strengthening the Industrial Valley’s position as a key economic driver.
The partnership is expected to create substantial industrial and economic growth opportunities, reinforcing KAEC’s role in Saudi Arabia’s Vision 2030.
Arcapita, with over 30 years of experience in private equity and real estate, has completed transactions exceeding $32 billion globally.
The firm operates offices in the United States, United Kingdom, Saudi Arabia, United Arab Emirates, Singapore, and affiliated offices in Bahrain.
King Abdullah Economic City (KAEC), spanning 185 million square meters along the Red Sea coast north of Jeddah, serves as a hub for manufacturing, logistics, and tourism.
KAEC’s strategic location and investment-friendly environment support Saudi Arabia’s Vision 2030 objectives, promoting economic diversification, foreign investment, and job creation.
The city’s seamless connectivity with King Abdullah Port, Haramain High-Speed Railway, and Saudi National Highway network solidifies its role as a vital regional trade hub.
The agreement, formalized at a ceremony in Bahrain, focuses on constructing state-of-the-art warehousing facilities, enhancing operational capabilities, fostering innovation, and attracting foreign investment to Saudi Arabia.
Under the terms of the MoU, Arcapita will utilize its expertise in developing high-quality, built-to-suit industrial real estate to oversee the construction of warehouses tailored to meet the needs of potential tenants.
This initiative is designed to support the ongoing growth of the Industrial Valley and contribute to the Kingdom’s broader industrial and logistical development.
The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley & KAEC Special Economic Zone, and Isa Al Khalifa, Director of MENA Real Estate at Arcapita.
Eng. Matbouly emphasized the significance of the partnership, stating, 'This MoU is a significant step in KAEC’s mission to develop a leading industrial and economic powerhouse.
With Arcapita’s proven expertise in global and regional asset management, we are confident this partnership will elevate the Industrial Valley’s service offerings, competitiveness, and global appeal.'
The partnership will grant KAEC access to Arcapita’s global network of blue-chip tenants, drawing high-quality investors to the region.
The development will include environmentally sustainable and ESG-compliant warehousing projects designed to meet international standards while ensuring operational efficiency.
The initiative is expected to boost KAEC’s attractiveness as a premier industrial hub and offer investors risk-adjusted returns through participation in flagship assets.
Isa Al Khalifa highlighted Arcapita’s commitment to the project, saying, 'We are pleased to collaborate with KAEC.
Together, we aim to establish modern industrial facilities that align with global standards, delivering innovative and environmentally sustainable solutions to our partners and stakeholders.'
Beyond infrastructure development, the MoU outlines promotional and operational roles for both Arcapita and KAEC.
KAEC will coordinate involvement in related activities and conferences, further strengthening the Industrial Valley’s position as a key economic driver.
The partnership is expected to create substantial industrial and economic growth opportunities, reinforcing KAEC’s role in Saudi Arabia’s Vision 2030.
Arcapita, with over 30 years of experience in private equity and real estate, has completed transactions exceeding $32 billion globally.
The firm operates offices in the United States, United Kingdom, Saudi Arabia, United Arab Emirates, Singapore, and affiliated offices in Bahrain.
King Abdullah Economic City (KAEC), spanning 185 million square meters along the Red Sea coast north of Jeddah, serves as a hub for manufacturing, logistics, and tourism.
KAEC’s strategic location and investment-friendly environment support Saudi Arabia’s Vision 2030 objectives, promoting economic diversification, foreign investment, and job creation.
The city’s seamless connectivity with King Abdullah Port, Haramain High-Speed Railway, and Saudi National Highway network solidifies its role as a vital regional trade hub.
