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King Salman Energy City Signs Factory Deal
King Salman Energy City "Sparc" has signed a contract with Ubar Al-Mamlakah Real Estate Company to develop an industrial complex comprising 168 ready-made and specialized factories in the energy sector, covering an area of 214,000 square meters. The project aims to attract global companies and suppliers, facilitate the establishment and operation of facilities at competitive costs, and support the localization of industries while achieving the objectives of Saudi Arabia's Vision 2030 in developing the energy sector and increasing its contribution to the national economy. The site is characterized by its proximity to ports and airports, enhancing supply chain efficiency and logistics services.
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