Project
Responding to directions of Custodian of The Two Holy Mosques – May God Protect Him – The Saudi Arabian General Investment Authority SAGIA coordinates activities with an alliance of developers headed by MMC Malaysia.
MMC Malaysia is malaysia’s largest and most successful company operating in the fields of engineering, constructions, mining, transport, logistic services, energy and power generation.
The company also owns and runs the most important ports of Malaysia, which are equally important in global terms. The list of developers also includes Saudi Binladin Group; which started business in the early thirties. The group executes civil and industrial projects valued in tens of billions of Saudi Riyals worldwide.
Jazan Economic City is located 60 km north of Jazan City, occupying an area of 113 km2, and it stretches for 12 km along the coastline of the Red Sea. It is anticipated that upon completion of infrastructure works, Jazan Economic City will attract US $ 30 billion of industrial, commercial and residential investments, creating 500,000 direct and indirect job opportunity.
The main economic sector in Jazan Economic City will be Heavy Industries, the requirement of which, in terms of power resources and strategic location, is featured by the proximity of international shipping lanes in the Red Sea and the Indian Ocean.
Benefiting from such location, the industrial products of Jazan Economic City are expected to be easily exported to Asia, Africa and Europe. Public services and facilities of the city will help establishing minor industries mainly in fields of agriculture, livestock and fisheries, which correspond with the rational significance of Jazan Area.
In addition to providing a huge number of job opportunities for the Jazan’s public, through its 2,000,000 km2 development and research area, which is intended to undertake research, development, support and the provision of specialized services for assisting products. Moreover, JEC intends to establish a regional center for distributing steel as raw material and granules to the Middle East Area. The center will contribute to major steel production industries.
Jazan Economic City enjoys features that complement each other, one of which is the Strategically Located Sea Port consisting of vast facilities and services.
The Sea Port of Jazan Economic City is one of the complementary features of the city. Its strategic location near BAB ALMANDAB and space of 3.3 million m2 will make it one of the largest – most significant ports in the region, as well as being a main terminal on the Red Sea’s Coastline.
By virtue of its vast modern facilities and capacity of receiving the largest vessels, the port will benefit from the increasing growth of international shipping route traffic in the Red Sea. The port will contribute to the provision of job opportunities in various fields related to cargo, storage, re-freight and all support and logistic services. Annexed to the Sea Port, a dry port is intended to provide services for fishing boats and ships.
In order to become a coeval ideal city, Jazan Economic City will include: an industrial zone, logistic services center, power & desalination & refrigeration plant, residential area, business center island, urban center, seaside area, marine services area and the educational area.
