Al Rasheed: "We welcome the new residents of Bay La Sun district and also would like to thank the current residents who represent the core of the first residential community"
King Abdullah Economic City, March 30th, 2014: King Abdullah Economic City (KAEC) has handed over the Marina Tower 4 residential units to the newest residents in Bay La Sun district, one of the most exclusive residential communities on the coast of the Red Sea. The tower is designed and built according to the highest international standards, offering an elevated lifestyle experience fit for different needs and tastes.
In this occasion, Mr. Fahd Al-Rasheed, Managing Director and CEO of KAEC, greeted the residents of Marina Tower 4, saying: "We welcome the new residents of Bay La Sun district and also would like to thank the current residents who represent the core of the first residential community in KAEC." Al-Rasheed went on to say: "We are enjoying a time of tangible prosperity and experiencing increasing demand to live and work in KAEC, either by citizens or by local and international companies keen to take advantage of the excellent investment opportunities and benefit from the motivating working environment."
From his side, Mr. Jean Lahoud, Executive Director-City operations and property management in KAEC, said: "Residents will enjoy a unique lifestyle as the Marina Tower has a magnificent view overlooking the Red Sea. At KAEC Marina Towers, residents enjoy a range of world-class lifestyle amenities such as 24/7 security, central air conditioning, leisure areas, gym and pool, convenient underground parking, multipurpose halls and an outdoor play ground. It also supported by a high quality infrastructure and a complete range of services and facilities such as The World Academy School, and a medical center for primary care and emergency operated by Dr. Soliman Fakeeh Hospital Company. In addition, retail stores have been fully leased and restaurants, cafes, mosques, sales outlets and pharmacy, safety and security services and civil defense are just around the corner."
Bay La Sun district is one of the most prestigious residential communities on the coast of the Red Sea, extends over an area of 2.3 square kilometers. The district includes the Marina Towers, Beach Towers, Business Park, Bay La Sun Hotel and Marina, the Marina canal with provision for berthing yachts and pleasure crafts, public parks and landscaped green areas; all of which are designed and built according the highest tourism international standards. The Business Park in Bay La district offers an elevated lifestyle experience with an ideal working environment that motivates creativity and achieves highest productivity levels for companies operating in it which include King Abdullah Economic City's Management office, the Economic Cities Authority, Saudi Airlines offices and SABB.
© Press Release 2014
