Arcapita will leverage its expertise in creating high-quality real estate facilities
King Abdullah Economic City (KAEC) and Arcapita, the global alternative investment firm, announced that they have signed a Memorandum of Understanding (MoU) at a ceremony held in Bahrain.
This strategic collaboration will focus on developing state-of-the-art warehousing facilities, promoting the Industrial Valley’s growth, enhancing operational capabilities within KAEC and the Kingdom, fostering innovation, and attracting foreign investment.
Under the terms of the MoU, Arcapita will leverage its expertise in creating high-quality built-to-suit industrial real estate facilities and oversee the development of warehouses tailored to meet the requirements of potential tenants, further contributing to the region’s industrial and logistical growth.
MoU signed
The MoU was signed by Eng. Majid Abdullah Matbouly, Chief Officer of the Industrial Valley & KAEC Special Economic Zone, and Isa Al Khalifa, Director of MENA Real Estate at Arcapita. This partnership reflects a shared commitment to building world-class industrial infrastructure and driving sustainable development in the Kingdom of Saudi Arabia.
“With Arcapita’s proven expertise in global and regional asset management, we are confident this partnership will elevate the Industrial Valley’s service offerings, competitiveness, and global appeal,” noted Matbouly.
This agreement is expected to generate substantial economic and industrial growth opportunities for the Industrial Valley, further solidifying its status as Saudi Arabia’s premier industrial hub.
“Together, we aim to establish modern industrial facilities that align with global standards, delivering innovative and environmentally sustainable solutions to our partners and stakeholders,” observed Isa Al Khalifa, Director, MENA Real Estate, Arcapita.
