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Large and medium scale new cities are being built all over the world. Some rise on the promise of greener or more productive lifestyles; others are designed as hubs for a new economy; yet more are created to deliver on the promise of technology and infrastructure systems.

All of these cities have one common goal: to succeed they must present an attractive and affordable value proposition for both residents and investors, and they must achieve the scale necessary to become sustainable and to compliment existing cities and towns.

The impetus, the strategy and the partnerships behind each New City project may differ but all new cities need to offer investors, businesses and – most importantly – inhabitants the right value for the investment required, and a lifestyle and ‘opportunity set’ that keeps them attractive over the long term.

The third edition of the acclaimed Cityquest KAEC Forum, taking place in King Abdullah Economic City from 8-9 December 2015, will focus on building value for all as a key dimension to the competitiveness and success of new cities.

About KAECKing Abdullah Economic City is realizing its vision to become a great enabler of socio-economic development in the Kingdom of Saudi Arabia. It provides investors from all over the world with unique business opportunities while working towards securing the future of Saudi Arabia’s youth by creating new skilled job opportunities and total housing solutions.

King Abdullah Economic City is the founder of Cityquest – KAEC Forum and the program host. Strategically located on the Red Sea for maximum impact, 100 kilometers north of Jeddah, KAEC is destined to become one of the most important cities in the Middle East region serving global trade. KAEC strengths and the unique business environment represent the future ambition of the whole of Saudi Arabia. King Abdullah Economic City is a prime example of the country’s commitment to private-public partnership development. The city covers 181 million square meters of land and is being developed into a fully integrated city. It consists of the Industrial Valley, King Abdullah Port, the Coastal Communities, the Downtown and Haramain Railway Station. KAEC is master developed by Emaar, The Economic City.

For more information about KAEC, please visit: www.kaec.net

About the New Cities FoundationThe New Cities Foundation is a leading global non-profit organization with a vision to build more inclusive, dynamic and creative cities benefiting people and society. Its mission is to incubate, promote and scale urban innovations through collaborative partnerships between government, business, academia and civil society. The New Cities Foundation is supported by some of the world’s most forward-looking private, public, research and non-profit institutions that share its interest in the future of urbanization. King Abdullah Economic City is one of the New Cities Foundation’s members.

The New Cities Foundation hosts a number of leadership events on the most pressing urban issues, including its flagship event, the New Cities Summit. The Foundation also hosts other leadership events, including Cityquest-KAEC Forum and Cities on the Move, an event on the future of urban mobility.

For more information about the New Cities Foundation, please visit: