Jeddah Economic Company was established in 2009 specifically to develop Jeddah Economic City, the large mixed-use megaproject in northern Jeddah.
The company is mainly backed by Kingdom Holding Company, the investment firm founded by Saudi billionaire Al‑Waleed bin Talal.
Main Partners / Stakeholders
The development company is a joint venture between several investors and contractors:
Kingdom Holding Company (major investor)
Abrar Holding Company
Qila’a Jeddah Company
Saudi Binladin Group (main construction contractor)