ArabianBusiness.com - Middle East Business News
Saturday, 20 March 2010 04:50 UAE time

YOUR DIRECTORY /

Print Print | Email Email | Discuss this article (1 Comments)
| Share |

Siemens to power Saudi economic city

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Sunday, 29 July 2007
The power grid will serve the first phase of the industrial zone, residential area, golf course and the seaport.

Siemens has won the contract to develop the power grid for Saudi Arabia’s King Abdullah Economic City (KAEC), the biggest of the three business and residential hubs currently under development in the Kingdom.

The city’s developer Emaar Economic City (Emaar EC) said on Sunday it has signed a memorandum of understanding (MoU) with the German conglomerate for setting up a 110/380KV power generation grid within KAEC.

“The MoU with Siemens signals our commitment to provide KAEC with the latest in technology. We wanted to partner with a company that has a long history and extensive expertise in the sector,” Dr Abdulraouf Mannaa, managing director of Emaar EC, said in a statement.

Story continues below
advertisement

The project will be carried out in two phases. The first part will be completed by the end of 2008, while the second part is scheduled to begin in September next year and be completed in June 2010.

Phase one includes three main power stations of 110KV, and phase two includes four main power stations of 380KV.

The power grid will serve the first phase of the industrial zone, residential area, golf course and the seaport.

No financial details of the agreement were released.

KAEC has six key components: a seaport, industrial zone, central business district, resort district, educational zone and residential communities.

Print Print | Email Email | Discuss this article
| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.
Keep it Green...
Posted by T Crowe Semler, Riyadh, Saudi Arabia on Monday 30 July 2007 at 21:00 UAE time

I hope Emaar Group will start utilizing solar power and wind power / generators within these projects... Green cities are the future...the appilcations are only limited by the imagination...Allah has given us nature...We are the caretakers...Let's do it right.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

RELATED LINKS

  1. Siemens»

 EMAIL ALERTS

  1. King Abdullah Economic City (KAEC)

  2. Siemens

  3. Technology


CURRENCY CONVERTOR

Tell us your story

Best of 2009 - Special Report

Think Tank

READER COMMENTS

  1. Dubai developers start to repossess units amid defaults 06
    19 Mar ' 10 at 21:34
    Guys,I really can't understand why so many investors are complaining and asking for their money back, the process of law & procedures...   More  »
  2. Atlantis frees Sammy the whale shark 04
    19 Mar ' 10 at 19:34
    Why is it the Atlantis Researchers that are the only ones tracking Sammy?Leads to great suspicions that they simply avoided a public...   More  »
  3. UK expats to face passport costs hike 03
    19 Mar ' 10 at 18:21
    wonderful piece of double speak and rubbish from the F.O. regarding rationale for the change in issuance policy. If we didn't suck...   More  »

Read all user comments >

MORE FROM ARABIANBUSINESS.COM