Prince Abdulaziz Bin Mousaed Economic City (PABMEC) in the Kingdom of Saudi Arabia is a leading development that is being planned by the Saudi Arabian General Investment Authority (SAGIA). PABMEC is a key element in Saudi Arabia’s recent initiative to further develop its economy, to generate regional growth and to create employment opportunities for its youthful population.
The new city will be developed near Ha’il in the northern region of the Kingdom, under the supervision of SAGIA. Prince Abdul-Aziz Bin Mosaed Economic City is spread over 156 Km2 and has great potential for investments. The Kingdom of Saudi Arabia has assigned the development of the new city to an experienced developer with proven track record and solid resources.