A supportive regulatory environment
Governed by a single regulator
To enable your business growth, the Economic Cities Authority (ECA) has been established as the sole regulator for Economic Cities. This will provide a supportive, business-ﬁrst, regulatory environment for KAEC, including:
- 100% foreign ownership
- Issuing licenses and permits
- Availability of mixed-gender skilled labor force
This supportive regulatory environment ensures KAEC gives worldwide investors and entrepreneurs the right kind of business opportunities, as well as a potential for cost savings and operational efficiencies. and at the same time, it supports the future of Saudi Arabia’s young people, with better education, new and skilled job opportunities and aspirational lifestyles.