Prince Abdulaziz Bin Mousaed Economic City (PABMEC) is a proposed planned city in Saudi Arabia. Saudi Arabia is reportedly looking to boost its involvement in industries beyond petroleum exporting. The economic cities that have been planned will include housing and living quarters, industry jobs, and entertainment for their residents and will be built to accommodate as many as 2,000,000 people. The area of Prince Abdulaziz bin Musaed Economic City is 156 million square meters, and the cost of the project with its various equipment is 30 billion riyals (eight billion US dollars) over ten years, which includes building a number of areas: the airport, the agricultural area, the central business district, the resort area, facilities and residential neighborhoods And the educational zone. The city's business is focused on transportation services, logistics services, educational services, agricultural services, industrial and mining services, recreational services, housing and infrastructure. More information...
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