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KAEC, Halal Economic Zone, Saudi Arabia

Project: KAEC, Halal Economic Zone, Saudi Arabia
Completion Date: 2015
Client: King Abdullah Economic City
Services Provided: Provision of advice and guidance in clarifying the project; Market research and analysis; Business opportunities; Value proposition; Preparing reports.

Project Description

King Abdullah Economic City (KAEC) in association with the Islamic Chamber of Commerce wanted SIDC to examine the potential to develop an Islamic Economic Zone, specifically a halal zone, within KAEC. SIDC carried out a pre-feasibility study to determine the overall feasibility of the zone and to clarify its nature, composition and potential impact. 

The key analysis performed included:

  • The rationale for development;
  • Defining the Islamic Zone;
  • The target market;
  • Assessing business opportunities;
  • Internal and country regulations;
  • Value proposition.