A delegation from the Saudi International Petrochemical Company (Sipchem) recently visited King Abdullah Economic City (KAEC) after concluding Sipchem Technology and Innovation Center ‘Manar’ board of directors’ meeting, which was held in KAEC.

Sipchem delegation was received by Engineer Ayman bin Youssef bin Mansi, chief executive officer of the Industrial Valley and head of New Business Ventures, and was briefed about the KAEC most prominent milestones and other industrial, recreational, services and infrastructure projects, then conducted a tour in King Abdullah Sea Port which was opened recently, said a statement.

The delegation has been briefed also about the Industrial Valley’s investments and ventures in addition to the residential projects with explanation about the most important utilities and infrastructure which ensure appropriate residential and recreational environment for the city’s inhabitants and visitors as well as the services, support and facilitations provided to investors planning to initiate their business and projects in the city.

Engineer Ahmed A Al Ohali, Sipchem’s chief executive officer and chairman of Manar, extended his thanks to KAEC management for their warm reception and praised such remarkable achievements of the city since its formation.

With a total development area of 173 sq km, KAEC is located along the coast of the Red Sea, and it is divided into six main components: Industrial Zone, Sea Port, Residential Areas, Sea Resort, Educational Zone, and a Central Business District (CBD) which includes the Financial Island.

The city is approximately an hour away from the cities of Jeddah, Makkah and Madinah thanks to the modern network of roads and railways. – TradeArabia News Service