Emaar EC inks deal with Jurong on Saudi project

Emaar, The Economic City (Emaar EC), the Saudi unit of UAE-based developer Emaar which is developing King Abdullah Economic City, has announced the signing of an agreement with Singapore's Jurong International to develop the second phase of the Industrial Valley within KAEC. According to the agreement, Jurong International will undertake the master planning and infra engineering of the 2 million square metres located for Phase 2 of the Industrial Valley project, one of the six components of KAEC that sprawls over an area of 63 million sq m with 4,400 net hectares of land.