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$100 billion Saudi built-from-scratch city to be ready by 2035
KOMO-TV / The Associated Press ^ | May 22, 2015 | Karin Laub

Posted on 05/22/2015 6:40:54 PM PDT by 2ndDivisionVet

SOUTHERN SHUNEH, Jordan - A $100 billion city-from-scratch in Saudi Arabia is to be completed by 2035 and will serve as the main logistics and manufacturing hub for countries on the Red Sea, the world's "largest new emerging market," said the CEO of the company in charge of the mega-project.

The business model of an entire city being built by the private sector was so unusual that it required adjustments in the beginning, said Fahd al-Rasheed, the Group CEO of Emaar Economic City (EEC), which is building the King Abdullah Economic City.

"Putting that first phase together is the most difficult point," he told The Associated Press...

(Excerpt) Read more at komonews.com ...


TOPICS: Business/Economy; Government; Local News
KEYWORDS: jordan; middleeast; redsea; saudiarabia; southernshuneh; trade

1 posted on 05/22/2015 6:40:54 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

How about build arcologies?


2 posted on 05/22/2015 6:51:00 PM PDT by Morpheus2009
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To: 2ndDivisionVet

American money has build enormous, beautiful cities.

Remember back in the 90s when Clinton told us not to drill in Alaska because it would take ten years for the oil to start flowing?

Instead of drilling, we sent the Saudis money to build this city.


3 posted on 05/22/2015 6:57:35 PM PDT by Balding_Eagle (Is Ted Cruz himself as mean-spirited as the FR 'Click-it or Tick-it' Cruz Contingent?)
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To: 2ndDivisionVet

The future ISIS/ISIL world headquarters?


4 posted on 05/22/2015 6:59:31 PM PDT by publius911 (If you like Obamacare, You'll LOVE ObamaWeb.)
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To: publius911
The future ISIS/ISIL world headquarters?

They would be happy to destroy it.

5 posted on 05/22/2015 7:28:07 PM PDT by Vince Ferrer
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To: Vince Ferrer

Move the UN there.


6 posted on 05/22/2015 8:10:38 PM PDT by EQAndyBuzz (Liawatha, because we need to beat a real commie, not a criminal posing as one.)
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To: EQAndyBuzz
Move ALL moozlums there.
7 posted on 05/22/2015 8:13:15 PM PDT by ogen hal (First Amendment or reeducation camp)
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To: 2ndDivisionVet

This will never happen.


8 posted on 05/22/2015 8:23:06 PM PDT by TruthInThoughtWordAndDeed (Yahuah Yahusha)
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