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Saudi Arabia to develop ready-made energy factories
King Salman Energy City "SPARK" has signed an agreement with Across Saudi Arabia Real Estate Company to develop an industrial complex housing 168 ready-made and specialized factories in the energy sector, spanning an area of 214,000 square meters. The project aims to attract international companies and suppliers, providing cost-competitive facilities to promote the localization of energy-related products and services. This supports the goals of Saudi Arabia's Vision 2030 to develop the sector and increase its contribution to the national economy. The project is located in SPARK city, strategically situated near ports and airports, to enhance supply chain efficiency and logistics services.
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