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Sustainable Development

Sustainable Development is a pattern of resource use that aims to meet society’s needs while preserving the environment so that these needs can be met not only in the present, but also without compromising the ability of future generations to meet their own needs.

Humanity must take no more from nature than nature can replenish. This in turn means adopting lifestyles to development paths that respect and work within nature’s limits. Sustainable Development can be further defined as the balance between economic development, environmental protection, and social well-being.

Specific Sustainability initiatives at Khazaen will be realized through:

Khazaen will reflect this ethic through “Sustainability at the Core”, whereby achieving the optimal balance between the elements of Sustainable Development is the focus. Not only will the environmental initiatives of Khazaen be beneficial to the local, regional and global environment, the development shall stimulate cutting-edge economic activity in the field of green technologies. Furthermore, with the elements of mixed used development, enhancing the vibrancy of the Smart City by giving pedestrians and cyclists the priority, a world-class transportation system, and a focus on innovation via educational institutions, Khazaen will also reflect the cultural and social aspects of Sustainable Development.

Although green technologies may be slightly more costly at this time (compared to conventional methods), their use continues to prove to be cost-effective over the long term. As such, Khazaen will not only be a sustainable city from the environmental aspects, it will also provide the opportunity to become an economically viable and competitive destination – which will redefine the conventions of logistics and industrial city development.

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