KAEC is the largest privately-funded economic city in the world. Situated on the west coast of the Kingdom of Saudi Arabia, KAEC covers a total area of 181 square kilometers of land overlooking the Red Sea, approximately the size of Washington DC. KAEC is aimed at being a major contributor to achieving the Kingdom’s Vision 2030, and a great enabler of socio-economic development in the Kingdom of Saudi Arabia and comprises of the Industrial Valley, King Abdullah Port and, Unique City Living Experience (Real Estate Development).d a number of high-profile investors from Saudi Arabia.
The city is under development by ECC, the master developer of King Abdullah Economic City. A Tadawul-listed public joint stock Saudi company established in 2006 and is 25% owned by PIF.