SEE Holding, the sustainability-driven powerhouse behind the globally recognized model ‘The Sustainable City’, has signed a Memorandum of Understanding (MoU) with King Abdullah Economic City (KAEC) to explore the development of sustainable, mixed-use communities within the city.
The agreement marks a significant step forward in advancing sustainable urban development in one of Saudi Arabia’s most ambitious Giga projects.
This SEE Holding and KAEC collaboration strengthens KAEC’s standing as a modern, sustainable Red Sea city that offers an attractive environment for investment, work, and living.
According to the statement, it marks the beginning of a strategic partnership to introduce ‘The Sustainable City brand’ and its proven model of future-ready living to KAEC, creating a community that empowers residents to minimize their environmental footprint.
The envisioned development will incorporate innovative environmental solutions, including local food production, clean energy generation, advanced waste management, water harvesting, and smart mobility systems, while enhancing quality of life and generating economic value.
The project is designed to integrate residential, commercial, and community-focused components, adhering to the highest standards of environmental, social, and economic sustainability.
SEE Holding’s Global Vision for Sustainable Communities
Faris Saeed Chairman & CEO SEE Holding
“We believe that the successful replication and rapid growth of sustainable developments worldwide require strong partnerships and collaborations among like-minded stakeholders. Over the years and through multiple projects, we have demonstrated that “The Sustainable City” model is replicable, scalable, and effective anywhere in the world. Saudi Arabia represents one of the most dynamic markets for sustainable urban innovation. Our partnership today with KAEC is going to contribute to a national transformation that advances quality of life, drives economic diversification, and accelerates progress toward Vision 2030.”
KAEC’s Vision for a Thriving Future-Ready City
Commenting on the partnership, Abdulaziz Al Nowaiser, CEO of EEC, noted that, “This partnership marks the next step in KAEC’s journey to become a thriving, future-ready city. By working with SEE Holding, we are accelerating the development of sustainable communities that enhance quality of life, attract investment, and create new opportunities. Together, we are shaping a modern coastal destination that reflects Saudi Arabia’s vision for economic diversification and environmental stewardship.”
This memorandum reflects the growing interest in the Sustainable City model in Dubai for implementation in King Abdullah Economic City. It aims to support the development of sustainable communities that enhance quality of life, attract investment, and promote economic diversification.
