{"id":72408,"date":"2023-07-31T00:00:00","date_gmt":"2023-07-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/31\/king-abdullah-economic-city-to-get-new-data-hub\/"},"modified":"2023-07-31T00:00:00","modified_gmt":"2023-07-31T00:00:00","slug":"king-abdullah-economic-city-to-get-new-data-hub","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/07\/31\/king-abdullah-economic-city-to-get-new-data-hub\/","title":{"rendered":"King Abdullah Economic City to get new data hub"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Consortium inks MoU to develop new data hub at <\/span><span style=\"font-weight:700\">King Abdullah Economic City<\/span><span style=\"font-weight:700\">: <\/span><span style=\"\">Damac Group subsidiary <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.edgnex.com\/\" style=\"\">Edgnex<\/a><\/span><span style=\"\">, KSA\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/salam.sa\/ar\/personal\" style=\"\">Integrated Telecom Company (Salam)<\/a><\/span><span style=\"\">, terrestrial and submarine fiber optics provider <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cinturiongroup.com\/\" style=\"\">Cinturion<\/a><\/span><span style=\"\">, and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.emaar.com\/\" style=\"\">Emaar<\/a><\/span><span style=\"\"> subsidiary Emaar the Economic City (EEC) will develop a data center and cable landing stations at King Abdullah Economic City under a new MoU, according to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.prnewswire.co.uk\/news-releases\/leading-by-example-with-world-class-digital-infrastructure-hub-301885004.html?tc=eml_cleartime\" style=\"\">press release<\/a><\/span><span style=\"\">. <\/span><span style=\"font-weight:400;\">The consortium will explore initiatives on an international submarine cable project, data centers, fiber infrastructure, and cloud and internet, according to the statement, which did not disclose the timelines or investments concerned.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What they said: <\/span><span style=\"\">\u201cWe are not just building world-class data centers, we are aiming to create and innovate hyper-connected digital hubs with highly secure facilities and connectivity to give customers direct and reliable access to the Kingdom of Saudi Arabia\u2019s digital economy,\u201d said Senior Vice President at DAMAC Group Aqil Jaffer Ali in a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.damacgroup.com\/en\/article\/leading-by-example-with-world-class-digital-infrastructure-hub\/\" style=\"\">press release<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Background:<\/span><span style=\"\"> KAEC is one of four new special economic zones (SEZs) launched in the Kingdom in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/e540db24-8869-41bc-b9e2-8ee43a809579\" style=\"\">April<\/a><\/span><span style=\"\">. The 185-square-kilometer zone is located a short distance north of Jeddah on Saudi\u2019s Arabia\u2019s Red Sea coast. The freezone is pegged to King Abdullah Port \u2014 highlighted by the World Bank as the world\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/1761fd21-2af0-46a2-9b64-3aedb7a364c6\" style=\"\">most efficient container port in 2021<\/a><\/span><span style=\"font-weight:400;\"> \u2014 and KAEC Industrial valley, which is geared towards logistics and light manufacturing. Upwards of 100 companies engaged in a range of activities including advanced logistics, automotives, pharmaceuticals, FMCG, packaging, and building materials manufacturing have made the move to KAEC, according to DAMAC\u2019s statement.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The data hub would include data centers, fiber infrastructure and cloud and internet<\/p>\n","protected":false},"author":1,"featured_media":72409,"comment_status":"","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[170],"tags":[110,17,841,31],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-72408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centers","tag-data-centers","tag-enterprise-logistics","tag-freezone","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"bb6c5fff-afc0-4e59-93d2-4472bb6b8b67","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/1141.jpg","photo_position":"above","homepage_title":"","full_issue_title":"King Abdullah Economic City to get new data hub","related_issue":[72398],"teaser":"The data hub would include data centers, fiber infrastructure and cloud and internet","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.c28fc597-7d59-49be-9d66-67b90bd0651a.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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