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FINANCIAL NEWS
King Abdullah Economic City signs USD319 b contract with ALJ
18 Dec 2013
(MENAFN) King Abdullah Economic City has signed a USD319 billion worth deal with Abdul Latif Jameel Group (ALJ) to sell a 1.5 million square-meter land in KAEC Industrial Valley phase two, according to Arab News.
The deal will be the largest investment in KAEC in terms of land area and value.
ALJ will build an import, distribution, component manufacture and assembly center.
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