Construction is gathering pace on the first phase of the Islamic World District (IWD), one of the flagship developments within Knowledge Economic City (KEC) in Madinah, with 1,835 hospitality keys currently under construction across Clusters 1 and 2 and the district’s first permanent structures beginning to emerge.
In an exclusive interview with Gulf Construction, Knowledge Economic City’s CEO Dr Moath Al-Yahya outlines the accelerated delivery of KEC’s major destinations and its vision for an integrated city combining hospitality, residential, cultural and lifestyle offerings.
Saudi Arabia's Knowledge Economic City (KEC) has awarded a SAR78.3 million ($20.9 million) framework contract to Audhah Mubarak Al Biladi & His Sons Contracting Company (ABASCO) for excavation and earthworks across a number of future development projects, according to a filing on the Saudi Stock Exchange.
