Madinah KEC strives to attract investors: Bawazir

JEDDAH, August 12, SPA -- Madinah Knowledge Economic City (KEC), a
symbol of Saudi Arabia’s pride and an icon of successful
diversification of the Kingdom’s economy, has geared up to attract
investors and joint ventures to the mammoth project.

The SR30 billion KEC project, which is located in Madinah, has a
special significance for Muslims throughout the world because of its
location.

The diversity of the city’s main components as well as its
focus on the development of knowledge-based industries promise to
make the project a landmark for Muslims worldwide and provide
investors with sound returns on investment opportunities, Tahir
Mohammed Bawazir, CEO, Knowledge Economic City Developers Company
Ltd., said in an exclusive interview with Arab News.

"The Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz
pays special attention to the city of Madinah, as it aims to create a
categorical leap in the economic development of the region," Bawazir
added.