KAEC enters into SR244m contract for development of Al Talah Gardens 4&5

King Abdullah Economic City (KAEC) has signed a contract with Ruzaiq Abdullah Al-Jadrawi Al-Thubaiti and Company for the infrastructure and landscaping of the city’s Al Talah Gardens Phases 4 and 5.

The contract valued at SR244 million is for the development of an overall area of 1,130,132 square meters of leveled land. Al-Jadrawi Company will develop the roads, walkways, landscaped green spaces and public parks, the water and electricity networks, a sewage system, a drainage system, the telecommunications network, and install street lighting.

The project has been planned by a team of international civil engineers, led by SOM, a company with extensive experience and following the highest quality standards.

“KAEC has successfully attracted a large number of investors, and national and international capital, requiring the provision of appropriate accommodation for all segments of staff. This includes luxury villas and seaside apartments, which KAEC offers complete with a world class infrastructure, quality facilities and modern services at all levels to provide ideal living conditions,” said Fahd Al-Rasheed, GCEO and Managing Director of King Abdullah Economic City. “KAEC is making continuous progress with various developments all over the city, in line with its strategic forward planning.”

Al Talah Gardens is situated at the heart of the city’s residential areas, with wide-open spaces, walkways and bicycle lanes stretching for one kilometer across the district, amid ample green landscaped areas. The district enjoys a highly developed infrastructure and world-class public services. Residents will enjoy an exclusive, luxurious living experience, benefitting from a range of existing and future lifestyle elements. In addition, KAEC has a variety of beach and marina waterfront dining options, retail outlets, world-class healthcare and educational facilities, and mosques.

The city is in the process of developing luxury sporting and entertainment facilities for those who seek a healthy lifestyle, including a social club and the Juman Park, to meet the needs of active, dynamic families.