EEC Q1 2017 Investor Presentation Page 1
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EEC Q1 2017 Investor Presentation Page 1 Establish King Abdullah Economic City (KAEC) as a strong enabler of socio-economic development Our Vision in the Kingdom of Saudi Arabia • Employment and career development to build local capacity • Top-notch business development to attract regional and international businesses to the area Our Objectives • Providing housing solutions to all income segments • Tourism, leisure, and social activities that engage the community • Education development through schools, colleges , and other institutions Page 2 Project Overview KAEC is a greenfield city development roughly the size of Washington DC. Its objective is to help with Saudi Arabia’s acute housing demand and support economic diversification. KAEC’s strategic location on the Red Sea puts it close to international maritime routes and provides instant access to key cities within Saudi Arabia. KAEC is comprised of the Coastal Communities, The Industrial Valley, King Abdullah Port( KAP), and The Hejaz District. Category Current Plan Industrial 23,625,000 Commercial/Hospitality 12,736,000 Residential 75,373,000 Other 19,847,000 BUA Total 131,581,000 Employment 890,000 Population 1,750,000 Segment Breakdown % Industrial 21% Retail 11% Residential KAEC Master Plan 68% Page 3 CITY DRIVERS • Port • Industrial Valley • Haramain Station Economic Funding • Bonded Zone • Land Bridge Impact Sources • MBSC (Powered by Babson College) Realization of CITY DEVELOPMENT Economic city Shareholders INFRA-STRUCTURE & ECONOMIC GROWTH HOUSING NEEDS vision Job Creation Equity • Roads Network • Jobs Creation • High End Local & Foreign Inv. Debt • Utilities • Population • Middle End Logistics Hub Land/Unit Sales • Public Assets • Ramp-up • Low End Return to Share- • Labor Camps holders Fin. benefits to Govt. KAEC COMMERCIAL SOCIAL Business & LIESURE AMENITIES • Retail • Education Model • Offices • Healthcare • Hospitality • City Management Page 4 City Development By Development Status: 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 Area (sqm) 10,000,000 5,000,000 0 Under Developed Graded Under Planning Development Industrial 10,842,255 9,788,930 2,011,807 23,697,959 Port Commercial 408,764 1,097,604 0 5,898,387 14,609,291 (sqm) Residential 876,059 6,857,163 0 5,119,790 Total * 12,127,078 17,743,697 2,011,807 34,716,136 Grand Total * 66,598,718 * Area of Port is excluded from Totals By Land Use: 50,000,000 45,000,000 40,000,000 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 Area (sqm) 10,000,000 5,000,000 0 Residential Commercial Industrial Under Planning 5,119,790 5,898,387 23,697,959 Graded 0 0 2,011,807 Under Development 6,857,163 1,097,604 9,788,930 Port Developed 876,059 408,764 10,842,255 14,609,291 (sqm) Total * 12,853,012 7,404,755 46,340,950 Grand Total* 66,598,718 * Area of Port is excluded from Totals Page 5 City Infrastructure Roads & Waterways Utilities MAP KEY •(4) Pump Stations Existing Gate •(568) Fire Hydrants Future Gate Completed Roads 230.0 Under Construction Roads Water Network (km) Under Design Roads •Sewage network covers BLS area only. •Underground sewage Tanks in other communities with total capacity of (300 m3 each) 130.0 •Sewage network in IV is under design Sewage Network (km) •STP covers %37 of Irrigation consumption 250.0 •(1) STP Pump Station Irrigation Network (km) •(2) Permanent Substations operated by SEC •(4) Temporary Substations operated by KAEC •(6,700) Street lights 900.0 •(6,024) Landscaping lights 151.8 54.0 11.0 3.1 Electricity Network (km) Primary Roads (km) Secondary Roads (km) Bicycle Ways (km) Water Ways (km) •(3.1 km) of Constructed Canals •(3) City Gates: Main Gate1, IV •(14.1 km) of Graded Wadi Gate3, and Haramain Gate in Under •(23) Mobile Towers by Mobily Construction. •(52) Traffic Lights 79.0 •(8) Roundabouts Telecom Network (km) * Kilometer (km) lengths are totals of Built Pipe/Duct networks per category Page 6 Residential Commercial •(2) High-End Communities •(2) Beach Towers, and (4) Marina Towers •(3) Operating Shops •(848) Apartments •Total Operating Built-Up Area of (2,416 sqm) •Total Area of (95,870 sqm) is Completely Developed 6,657 •Meed (Mini Market), Panda (Grocery), and EEC Real Estate Services Shops & Services (sqm)* •(13) High-End Communities •(3) Beach Communities, (7) Golf Communities, and (3) Townhouses Communities •(10) Operating Cafes/Restaurants •(2,355) Individual Plots, (159) Villas , and (270) •Total Operating Built-Up Area of (2,170.8 sqm) Townhouses, are Under Development •BLS District: Piatto, Bhar, Bert’s, Fire Grill, Baskin Robins, Modo •Total Development Area of (4,511,892 sqm) Café (Beach), Modo Café (WFM), Subway, Burger King, Pizza Hut, 3,649 and Steakhouse Cafes & Restaurants (sqm)* •(7) Middle Income Communities •(3,756) Individual Plots and (238) Villas, are Under Development. •(1) Hotel, and (2) Serviced Apartments/Villas •Total Development Area of (2,987,001 sqm) •Bay La Sun Hotel is 5-stars with (195) rooms in a Built-Up area of (21,000 sqm), Currently Operating •Oceana has (50) serviced villas with Built-Up Area of (25,639sqm), Currently Operating 71,014 •The Views is a 4-stars Serviced Apartments with Built-Up Area of Hotels & Serviced • (1) Middle Income Community (24,374.6 sqm), Currently Under Development. • (389) Apartments, (144) Townhouses, (46) Paired Homes, and (30) Apartments (sqm)* Villas, are Completely Developed • (342) Apartments and (30) Paired Homes, are Under Development • (200,000 sqm) is Completely Developed from the total Development Area of (242,583 sqm) •Royal Greens Golf Course and clubhouse is (841,168 sqm) with Built-Up Area of (10,000 sqm) , Currently Under Development •Esmeralda Sport Complex is (51,000 sqm) with Built-Up Area of (14,850 sqm), Currently Under Development •Affordable Apartment Buildings 40,850 •(98) Buildings with (1,441) Apartments, are Completely Leisure (sqm)* Developed •Total Development Area of (150,000 sqm) •Total Leasable Built-Up Area of (69,308.7 sqm), (30,355.0 sqm) is •Labor Accommodations Occupied (Operating and/orUnder Fit-out) •(16) Buildings with a capacity of (2,784) beds, are Completely Developed 94,371 •Total Development Area of (36,900 sqm) Office Spaces (sqm)* * Square meter (sqm) Areas are total Built-up Areas of Built, Under Construction, and Under planning vertical constructions per category Page 7 Industrial Social Infrastructure •(2) Operational Educational Institutes •(61) Tenants over total Plots area of (5,819,941.4 sqm) •TWA School: (10,500 sqm) with a capacity of (600) Students, currently over (537) Students are enrolled 2,909,971 •MBSC Post-Grad: (8,000 sqm) with a capacity of (300) Factories (sqm)* 20,626 Students, First semester will start in September 2017 •TVET Training Center: Under Planning with about (2,126 sqm) Education (sqm) •(38) Operators over total plots area of (7,133,800.5 sqm) •Warehouse Park is over a plots area of (30,433.0 sqm) in IV1B and 3,580,568 Built-up area of (13,668 .0 sqm) Warehouses (sqm)* •(2) Operational Hospitals •FMC: (1,400 sqm) has (9) Clinics with a capacity of (15) hospital beds •IV Clinic: (170 sqm) for Emergencies only and has (6) hospital beds. •NCB Data Center in IV3 over a plot area of (28,178.0 sqm) 1,570 14,089 Healthcare (sqm) Data Center (sqm)* •(1) Fire Station with (770.6 sqm) and (4) Fire Trucks Plastic Logistics •(2) Security Stations with total of (40 sqm) and (21) 93,898 141,613 Security cars 9% Pharma 13% •(107) Security cameras around the city 49,764 5% Building Material 811 55,269 Safety & Security (sqm) 5% Food 77,208 21 7% Operating Tenants •(1) Temporary Gas Station in BLS Area •Total tanks capacity of (80,000 Liters) •(2) Pumps General •Land area of (1,015 sqm) 664,662 61% 1,015 Services (sqm) * Square meter (sqm) Areas are total Built-up Areas of Built, Under Construction, and Under planning vertical constructions * Values are in Square Meters (sqm) per category per category Page 8 KAEC Developments: • King Abdullah Port` • The World Academy • Family Medical Center • Juman Park • Royal Greens • Juman Karting • Esmeralda Sports Complex Current Page 9 On Completion King Abdullah Port For more info, please visit KAP’s website: https://www.kingabdullahport.com.sa/ Page 10 Fully operational since Q3 - 2014 Grades Offered: Nursery up to Grade 12 Current Enrolment: Over 500 students For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 11 • Operated by Dr. Soliman Fakeeh Hospital • In operation since September 2016 • FMC offers specialty clinics such OB/GYN, Ophthalmology, Orthopedic, and Dental Services; as well as Laboratory and Diagnostic Imaging services For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 12 WORLD CLASS EDUCATION Recipient of 2016 World Travel’s Saudi Arabia’s Leading Business & Leisure Hotel Award • Premium 5-star Business & Leisure hotel • 195 rooms and 6 suits • Operated by Alkhozama • In operation since 2013 For more info, please visit Bay La Sun hotel’s website: http://www.baylasunhotel.com • Juman Park is situated alongside the Bay La Sun Hotel and Marina Page 13 • With around 70,000 sqm of open space that includes walkways, running tracks, cycling tracks, a mini golf course, games area and an amphitheater • The park is populated with art sculptures, refreshment stops and adventure playgrounds for children For more info, please visit KAEC’s website: http://www.kaec.net/live/ Page 14 Official launch in Q4-2017 Soft launch took place inAN January EXCLUSIVE WORLD-CLASS COURSE Winner of two Best Leisure Development accolades from the International