Special Economic Zones In The Kingdom Of Saudi Arabia

Analysis

The purpose of this article is to provide a general overview of the establishment of the Economic Cities (ECs) under the authority of the Saudi Arabian General Investment Authority (SAGIA) and information on key issues including land ownership and employment issues.

The purpose of this article is to provide a general overview of the establishment of the Economic Cities (ECs) under the authority of the Saudi Arabian General Investment Authority (SAGIA) and information on key issues including land ownership and employment issues. The article also discusses implications of ECs and the specific incentives offered by SAGIA and the establishment of business operations in ECs.

For reasons that will become clear below, we note that many areas of the applicable regulations to ECs are uncertain, evolving or subject to change.

ECs sites and objectives

The following are the ECs that are at the development stage: