King Salman Energy Park

Demand for energy-related goods and services in Saudi Arabia and throughout the region is high and continues to expand. King Salman Energy Park (SPARK) is being developed to capture the full economic value from such demand — localizing value creation through dedicated industrial development, as part of the Kingdom’s Vision 2030.

SPARK will become a 21st century ecosystem for the energy sector, a vibrant international industrial community built on excellence and innovation, and at its heart a world-class workforce. It is also expected to contribute more than $6 billion to the Kingdom’s GDP and create up to 100,000 direct and indirect jobs at the maturity stage.

SPARK is attracting industrial investors across five strategic sectors: Upstream, Downstream, Petrochemicals, Power, Water and Wastewater. From their SPARK-based facilities, investors in these sector-related supply chains will fill the massive gap for locally produced goods and gain a lasting competitive advantage.

SPARK will also cultivate and nurture small and medium-sized enterprises, and stimulate innovation and entrepreneurship in the energy sector, significantly contributing to a more diversified economic landscape.