King Abdullah Economic City, Saudi Arabia. Biggest Mega Project in the World!

Saudi Arabia, like the UAE, is experiencing a massive construction boom. Saudi is investing a staggering $637Billion in project development. Their biggest Mega Project is King Abdullah Economic City (KAEC) which is, in fact, the BIGGEST MEGA PROJECT IN THE ENTIRE WORLD!! The total cost of KAEC is estimated at $120Billion! Even the UAE can't beat this one. However the UAE is still involved here. How come? Beacause KAEC is being developed by none other than Emaar of Dubai! Dubai has taken a very big interest in Saudi development and is investing heavily in this region of the Gulf.

KAEC is so huge that when finally completed it will house 2,000,000 residents and create 1,000,000 jobs. KAEC will contain 6 distinctive areas:

1. Sea Port

2. Industrial Zone

3. Central Business District made up of commercial businesses, hotels, retail stores and a financial island

4. Resort Zone

5. Educational Zone

6. Residential Communities

Some of the facilities will include parks, recreational areas, healthcare centers, a huge stadium, beach boardwalks, lagoons, monorails, skywalks, FIVE YACHT CLUBS, etc., etc.

KAEC is so big and so fantastic It may end up being the number one Middle East Mega Project...FOREVER! However knowing the UAE as I do I can't help but wonder if one of the big UAE developers already has plans to outdo KAEC!

Here are some YouTube videos of KAEC:

http://www.youtube.com/watch?v=28bzkDsdXfU&feature=related

http://www.youtube.com/watch?v=c9r1PFWDMdU&feature=related

Here is a great photo of a scale model of KAEC:

http://img145.imageshack.us/img145/8536/img1641ay1.jpg
(note that there is a magnification button in the lower right hand corner of this pic)

This is a link to the KAEC website:

http://www.kingabdullahcity.com/en/

This link is to Entaj, which is a kind of industrial version of Silicon Valley that will be part of KAEC:

http://www.entaj.com/