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Emaar to develop industrial infrastructure
Emaar Economic City announced the signing of a contract worth 547.4 million riyals with Nesma Contracting Company to develop the infrastructure in the special economic zone of the Industrial Valley at King Abdullah Economic City. The contract includes the implementation of key infrastructure networks, particularly in the first phase of the King Salman Automotive Manufacturing Complex, aiming to enhance the area's readiness to attract industrial investments. The financial impact of the contract is expected to be felt in the third quarter of 2026, after 18 months of construction.
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