King Salman Energy Park (SPARK) has signed an agreement with Pan Kingdom Real Estate, a subsidiary of Pan Kingdom Holding Group, to develop a complex of ready-built energy-related industrial facilities at SPARK, under the patronage of Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz.

The project forms part of broader efforts to strengthen local content, enhance energy supply chains, expand localisation of energy-related products and services, and advance Saudi Vision 2030 objectives to increase the energy sector’s contribution to the national economy.

The development will provide ready-built specialised industrial facilities aimed at attracting global manufacturers and suppliers, enabling them to establish and operate efficiently and cost-effectively.

It will offer flexible industrial solutions supporting localisation of components and services while accelerating operational readiness of energy sector companies.

Under the agreement, Pan Kingdom Real Estate will develop an integrated industrial complex comprising 168 ready-built industrial units across 214,000 square meters, with advanced facilities and supporting infrastructure meeting high industrial standards, enhancing SPARK’s investment environment and operational efficiency.

SPARK is a leading industrial city dedicated to the energy sector, offering integrated infrastructure, logistics services, and investment solutions.

Strategically located near major ports, airports, and transport networks, it aims to strengthen supply chain efficiency and regional market access.

The project also supports Saudi Arabia’s Nuwatin initiative, which seeks to increase local content by enabling local and international companies through integrated industrial infrastructure, expanding the supplier base, creating investment opportunities, and boosting the contribution of national enterprises in line with Vision 2030.  -OGN/TradeArabia News Service