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Emaar, The Economic City (EEC), the Tadawul-listed company developing King Abdullah Economic City (KAEC) in Saudi Arabia, announced recently the start of construction of a new manufacturing facility for polypropylene woven fabric by Greif Inc, one of the largest manufacturers of industrial packaging products in the world.

During the inauguration ceremony Greif's President and COO Mr. David Fischer received the construction permit from the Economic CitiesAuthority and announced thatthe new facility, extending over 188,000sqm, is scheduled to be operational in 2012.

Michael Gasser, Greif Inc Chairman of the Board and CEO, said, "The strategic location of KAEC and the availability of efficient port and road connectivity to the local and regional markets offer an array of logistical capabilities and enables huge growth potentials."

The new factory will be set up through a joint venture with the Saudi-based National Scientific Company (NSC).

"Both EEC and ECA Smart Services Center (SSC) made our entry into the Saudi market impressively hassle-free. When fully operational, we will create many job opportunities. Local talent will be a major part of the global polypropylene fabric manufacturing sector," commented Mr. Waseem Ijaze - CEO of NSC.