Prince Abdulaziz bin Mousaed Economic City
Prince Abdulaziz bin Mousaed Economic City is a Special Economic Zone located in Hail, Saudi Arabia, established in 2005, regulated by the Prince Abdulaziz bin Mousaed Economic City Authority, under the supervision of the Saudi Ministry of Energy and Ministry of Investment.
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Hail, Saudi Arabia |
| Year Established | 2005 |
| Area | 25 hectares |
| Companies | 90 |
| Governing Authority | Prince Abdulaziz bin Mousaed Economic City Authority, under the supervision of the Saudi Ministry of Energy and Ministry of Investment |
| Status | active |
Investment Incentives
100% foreign ownership, 100% tax exemption, 100% repatriation of capital and profits, long-term land lease, easy integration with minimal formalities, modern IT and telecommunication infrastructure, fast-track visa services, single-window administration for government services
Sector Focus
Prince Abdulaziz bin Mousaed Economic City hosts businesses specialising in Manufacturing, Services, and Tourism.
About Prince Abdulaziz bin Mousaed Economic City
Prince Abdulaziz bin Mousaed Economic City is a strategic economic zone located in Hail, designed to diversify the economy by attracting investments in logistics, manufacturing, and services sectors. It operates under Saudi Arabia's Vision 2030 framework to promote sustainable development and economic growth.
Frequently Asked Questions
What type of zone is Prince Abdulaziz bin Mousaed Economic City?
Prince Abdulaziz bin Mousaed Economic City is a Special Economic Zone.
Where is Prince Abdulaziz bin Mousaed Economic City located?
Prince Abdulaziz bin Mousaed Economic City is located in Hail, Saudi Arabia.
When was Prince Abdulaziz bin Mousaed Economic City established?
Prince Abdulaziz bin Mousaed Economic City was established in 2005.
Who regulates Prince Abdulaziz bin Mousaed Economic City?
Prince Abdulaziz bin Mousaed Economic City is regulated by the Prince Abdulaziz bin Mousaed Economic City Authority, under the supervision of the Saudi Ministry of Energy and Ministry of Investment.
What sectors operate in Prince Abdulaziz bin Mousaed Economic City?
Prince Abdulaziz bin Mousaed Economic City hosts businesses in Manufacturing, Services, and Tourism.
What are the investment incentives at Prince Abdulaziz bin Mousaed Economic City?
100% foreign ownership, 100% tax exemption, 100% repatriation of capital and profits, long-term land lease, easy integration with minimal formalities, modern IT and telecommunication infrastructure, fast-track visa services, single-window administration for government services