Emaar, The Economic City (Emaar.E.C), the Tadawul-listed company developing King Abdullah Economic City (KAEC), has made rapid progress in completing the structural work of the first office building within Business Park to feature the company's main office. The Business Park, which has five office buildings, is a component of Bay La Sun Village, an integrated community and the first residential project within KAEC that has been launched to overwhelming customer response. The internal finishing for the various levels of the first tower housing the Emaar.E.C office and work on the surrounding parking floors are in progress. Construction of a second tower - positioned next to the Emaar.E.C building and set exclusively for Saudi Arabian General Investment Authority (SAGIA), the prime facilitator of KAEC - is fast progressing and is expected to be completed by end of this year. Fahd Al-Rasheed, chief executive officer, Emaar.E.C, said: “Emaar.E.C is committed to executing the various components of KAEC on schedule. Bay La Sun Village is the first integrated community that has been launched in KAEC, and the Business Park will be a nodal center that will drive the on-site activities of Emaar.E.C while also welcoming the first commercial offices within the mega-project.” He added: “With the roll-out of the Business Park and Bay La Sun Village residences, the first KAEC community will take shape. The on-schedule progress of the project underscores our corporate responsibility to develop KAEC as a strong investment destination in Saudi Arabia in line with the Kingdom's Vision10x10 to become one of the most competitive countries in the world by 2010.” __
