The city of Hail lies a in the midst of Al Jawf, Saudi's Northern Region, Al Qassim, Al Madinah, and Tabuk. Strategically situated on the crossroads of all the navigational, trade and transportation routes in the Middle East, Hail was the logical location of choice for Prince Abdulaziz Bin Mousaed Economic City, which will serve as a link between East and West. The city will utilize 156 million square meters at a cost of eight billion US dollars over the next 10 years, which will be fully funded by the private sector.

The second economic city launched by the King in seven months (the first being the King Abdullah Economic City launched in Rabigh, in December 2005), PABMEC aims to utilize the Kingdom's second competitive advantage after energy, its strategic location as a link between East and West, through the establishment of a fully integrated economic city with strong transportation and logistics services.

The project is a realization of the vision, of the Custodian of the Two Holy Mosques and Crown Prince Sultan, to develop the various regions of the country. Hail's strategic location in the Kingdom's north at the junction of nautical, transportation and supportive service paths, and the fact that it is only one hour by plane from 11 Arab capitals, have made it a prime location to host the Prince AbdulAziz bin Mousaed Economic City .