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Economic cities — opening vistas of growth in the …

1 Economic cities opening vistas of growthEconomic cities opening vistas of growth in the Kingdom of Saudi ArabiaEconomic cities opening vistas of growthContents Executive summary 3 Introduction 4 Economic diversification facilitating real estate sector growth Macroeconomic and non-oil diversification Real estate industry insights ECs and cross-sector links 9 ECs opening floodgates of growth ECs primary objectives ECs snapshot and development matrix Real estate sector components of ECs Benefit for investors Top challenges to the development of ECs 19 Stakeholders role and outlook Shaping ECs SAGIA and ECA Real estate regulations in ECs Perceptions of key developers, contractors and consultants Outlook for real estate development of ECs 24 EY s role 253 Economic cities opening vistas of growthExecutive summaryThe Kingdom of Saudi Arabia (KSA) is currently investing heavily in real estate and infrastructure projects.

Economic cities — opening vistas of growth 5 1.1 Macroeconomic and non-oil diversification According to the BP Statistical Review of World Energy 20141, the KSA remains a major player in

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