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Ummar to develop Masarat infrastructure for 152M
Emaar The Economic City announced the signing of a contract valued at 152 million SAR to develop the infrastructure for the "Masarat" project at King Abdullah Economic City. This is an industrial logistics project located within the King Salman Car Industry Complex. The contract includes design, construction, and delivery work to meet the needs of future facilities and logistics projects, with its financial impact beginning in the third quarter of 2026. This collaboration follows the sale of an industrial land plot for 366.77 million SAR in June 2023 and underscores the parties’ commitment to supporting the automotive sector and logistics services in the Kingdom, in partnership with the Public Investment Fund.
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