LONG BEACH, Calif.--(BUSINESS WIRE)--Once more, EMAAR has selected BioShaft Water Technology, Inc. to provide a larger packaged waste water treatment plant to phase one of BayLaSun, a prestigious district in King Abdullah Economic City (KAEC). Two years ago BioShaft successfully supplied and operated a packaged plant for EMAAR’s Jeddah Gate Development, serving two residential towers with an occupancy of 900 residences. The new plant capacity is over a quarter million gallons per day and was signed on September 16th, 2014, with BioShaft agent in Saudi Arabia, Zuhier A Zahran & Co. The plant is scheduled to be operational by March 2015.
King Abdullah Economic City (KAEC) is perhaps one of the world’s most ambitious megaprojects. The KAEC master plan involves building an entire city from scratch on a piece of land that is roughly the size of Washington, D.C. hosting as many as 2 million people, with investment in the project estimated to be as much as $100 billion. It is part of an ambitious program to place Saudi Arabia among the world’s top ten competitive investment destinations.
BayLaSun is a prestigious district in KAEC, facing the Red Sea and having a mixed-use development consisting of a villa compound, residential towers, retail stores, a business building and a 4-star hotel. The ultimate capacity of BayLaSun will be 450,000 while currently the population is under development and not exceeding 4,000 people.
EMAAR is one of the world’s largest property development companies. Emaar Economic City, a consortium headed by Dubai's Emaar Properties and Saudi investors, is focused on building the King Abdullah Economic City, a special economic zone near Saudi Arabia's Red Sea coast from Jeddah.
