King Abdullah Economic City (KAEC)
Jeddah, Saudi Arabia
KAEC is a mega-project economic zone spread over 173 km² north of Jeddah. Launched in 2005, it includes industrial, residential, and port zones aimed at diversifying Saudi Arabia's economy as part of Vision 2030.
Quick Overview
Setup Cost Range
SAR 20,000 - SAR 100,000
Minimum Share Capital
SAR 500,000 for LLC
Visa Quotas
Based on investment size and job creation
Regulatory Authority
Economic Cities and Special Zones Authority
Key Benefits
Industrial Valley
King Abdullah Port
Residential Districts
Educational Institutions
Logistics Hub
Tax Incentives
Industry Focus
Manufacturing
Logistics
Automotive
Petrochemicals
Food Processing
Technology
Allowed Company Types
Limited Liability Company
Joint Stock Company
Branch Office
Regional Headquarters
Licensing Process
Application submission, Document review, License approval, Commercial registration within 10-15 working days
Legal Framework
Saudi Arabian Commercial Law with KAEC regulations
Contact Information
Leadership
CEO/Key Spokesperson
Fahd Al-Rasheed - Group CEO and Managing Director
Strategic Location
90 minutes to King Abdulaziz International Airport
Adjacent to King Abdullah Port