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الاقتصادية
Imar builds auto complex infrastructure
Emaar The Economic City has signed a contract worth 152 million Saudi Riyals (excluding tax) with Solutions Automotive Logistics Services "Masarat Mobility Park," for the development and construction of the necessary infrastructure for a project at King Salman Manufacturing City in King Abdullah Economic City. This step is in response to the company's demand for additional facility capacities beyond what was previously agreed upon, with its financial impact expected to begin from the third quarter of 2026. In July 2023, Emaar also signed agreements to sell industrial land parcels valued at 366.8 million Riyals, aimed at strengthening industrial development in the region.
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