SPARK’s investments total SAR 6 bln, first phase 90% complete: Vice President

27/09/2022 Argaam

Ammar Altaf, Vice President of SPARK

King Salman Energy Park’s (SPARK) current investments total to nearly SAR 6 billion, Al Arabiya News reported, citing statement from Vice President Ammar Altaf.

 

The project includes three phases, and the first phase is nearly 90% complete.

 

Altaf pointed out that SPARK aims to contribute $150 billion to Saudi Arabia’s GDP by 2050.

 

There is a logistics zone linked to the largest dry dock in the region and will be connected to the Dammam-Riyadh railway, as well as to the GCC railway in the future, he added.

 

According to data available on Argaam, SPARK is located between Dammam and Al-Ahsa and will be developed in three phases over a total area of 50 square kilometers.

 

The project includes five pivotal areas: Industrial Zone, Dry Port, Business District, Training Zone, and Residential and Commercial Area.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read