Emaar Economic City (EMAAR), the company developing the King Abdullah Economic City known as KAEC, said it allocated an area of 65,000 square meters to New York-based Pfizer Inc. (PFE) to build a pharmaceutical plant in Jeddah.
The plant will be in KAEC’s Industrial Valley as Emaar Economic aims to attract global pharmaceutical companies to Saudi Arabia, the Jeddah-based company said today in a statement. Mars, Total, Sanofi-Aventis SA (SAN) and Grief have started to set- up factories in the region, it said.
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