The Madinah-based economic knowledge city (EKC) signed today an agreement with the American Management Company 'ICOM'. Under the agreement, the American company will undertake a comprehensive management for the existing development projects in Madinah. The value of the contract, signed by Executive President of Economic Knowledge City Eng. Tahir Bawazeer and ICOM'S Executive President Douglas Macrikein, amounts to SR 54 million. Eng. Bawazeer said the contract comes within the framework of the on-going efforts to attract the distinguished international expertise for boosting the projects by advanced programs. On his part, Macrikein highlighted the steadily growing Saudi economy and reiterated the keenness of his company on enhancing cooperation with the national companies. He noted that under the contract the company will provide the Economic Knowledge City with the required comprehensive administration.
